Business Strategy - End of Chapter Problem Scars, an American retail store, was the largest retailer (measured by revenue) in the United States until the 1990s. In 2018, Sears filed for bankruptcy. Some commentators have argued that the rise of Amazon drove Sears to bankruptcy. However, others argue that Sears was in decline long before Amazon became a dominant force in the market. Consider each of the arguments given for Sears' downfall. Sears' management disregarded the impact of online a. This is an example of Sears failing to prepare for retailers entering Sears' market space, O the threat of new entry into the retail space. O price wars with existing competitors, O the tremendous bargaining power of online retailers. O non-price competition with existing competitors. Sears' management failed to consider the effect of services b. This is an example of Scars failing to prepare for not offered by Sears, such as second-day shipping, which was offered by some online retailers. O substitute services that would be appealing to Sears' customer base. O the intensity of competition among existing competitors. () buyers using their bargaining power to demand new services. O sellers using their bargaining power to offer services not available at Sears. Sears could not compete against the low prices and wide c. This is an example of Sears failing to prepare for variety offered by Walmart stores. O the intensity of competition among existing competitors. new innovations leading to substitute products and services. O the threat of new entry into the retail space. O buyers using their bargaining power to demand lower prices