Explain How Competitive Industry Structure Shapes Rivalry Among Competitors.​

Explain how competitive industry structure shapes rivalry among competitors.​

Answer:

The essence of strategy formulation is coping with competition. Yet it is easy to view competition too narrowly and too pessimistically. While one sometimes hears executives complaining to the contrary, intense competition in an industry is neither coincidence nor bad luck.

Explanation:

correct me if I’m wrong

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