Question

Competitive rivalry based solely on____is destructive to firms as it transfers most of the value created in the industry to the customers. a) price-cutting.b) new product releases.c) promotional campaigns.d) product differentiation.

Answer 1

Answer:

a) price-cutting

Explanation:

Due to the cutting in prices of the product for the competitive rivalry it creates a destructive to a firm as it transforms most of the values that are developed to the industry to the customers

The other factors like the introduction of the new product, promotional campaigns, product differentiation does not have made any destructive

Therefore the correct option is B.