/hat is rivalry among existing competitors?

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 1.7A: Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each...
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What is rivalry among existing competitors?
The suppliers' ability to influence the prices they charge for supplies (including
materials, labor, and services).
High when competition is fierce in a market and low when competitors are more
complacent.
High when it is easy for new competitors to enter a market and low when there
are significant entry barriers to joining a market.
The ability of buyers to affect the price they must pay for an item.
Transcribed Image Text:What is rivalry among existing competitors? The suppliers' ability to influence the prices they charge for supplies (including materials, labor, and services). High when competition is fierce in a market and low when competitors are more complacent. High when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market. The ability of buyers to affect the price they must pay for an item.
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