In analyzing the strength of competition among rival firms, an important consideration is Select one: a. whether the industry is characterized by a strong learning/experience curve and whether the industry is composed of many or few strategic groups. b. the potential for buyers to exercise strong bargaining power. c. the extent to which some rivals have more than two competitively valuable competencies or capabilities. d. the diversity of competitors in terms of long-term direction, objectives, strategies, and countries of origin. e. the number of firms pursuing differentiation strategies versus the number pursuing low-cost leadership strategies and focus strategies.
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