Question

Which of the following is a firm effect that has an impact on the competitive advantage of a firm?

A. The exit barriers within the industry in which the firm operates
B. The number of companies operating in the industry in which the firm operates
C. The intensity of rivalry among existing companies in the firm's chosen industry
D. The value and the cost position of the firm relative to its competitors

Answer 1

B The number of companies operating in the industry in which the firm operates.