FIN 351 CHAPTER 6 QUIZ 41 TO 45
41. The impact of intense rivalry within industries is similar to the threat of new entrants
42. The relative importance of each of the five basic competitive forces is the same for almost every industry
43. Competitive strategies of individual firms do not have an impact on the outlook for the industry as a whole
44. Companies that have a strong ability to control suppliers enjoy a competitive advantage
45. Firms such as Walmart and McDonald's have a low level of bargaining power over their suppliers