Question

For airlines that sell flights from New York City to Boston, Amtrak trains are primarily a __________ Group of answer choices Potential entrant Buyer Supplier Rival Substitute product

Answer 1

Answer: rival

Explanation:

For airlines that sell flights from New York City to Boston, Amtrak trains are primarily a rival.

A rival in a business environment simply refers to ones competitor. In this case, the companies are all in the same industry and competes against each other, seeks competitive advantage over one another and seeks to capture a bigger market.