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 retailers entering Sears' market space.

a$.$ This is an example of Sears failing to prepare for

the tremendous bargaining power of online retailers. price wars with existing competitors.

non$-$price competition with existing competitors.

the threat of new entry into the retail space.