Critical Discussion Questions 1 Why do price wars often erupt in certain industries (such as the automobile
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Critical Discussion Questions 1 Why do price wars often erupt in certain industries (such as the automobile industry) but less frequently in other industries (such as the diamond industry)? What can firms do to discourage price wars or be better prepared for them?
2 Compare and contrast the five forces affecting the cruise industry, fashion industry, airline industry, and automobile industry
(1)on a worldwide basis and (1)in your country. Which industry holds more promise for earning higher returns for the average firm? Why? 3 ON ETHICS: As a manager, is it ethical to threaten your suppliers? Your buyers?
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