Question

19. The nature and strength of the strongest competitive force that prevails in an industry is generally a product of A. the unknown competitor business expansion strategies that impact industry production and outlook. B. the pressures induced by the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry. C. the pressures of environmental requirements in different competing geographies. D. regulatory requirements intensified by changing governing bodies.

Answer 1

B. the pressures induced by the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.

This is one of the strongest competitive force that prevails in the industry based on the nature and strength.