Which one of the following is a risk to a business with a cost$-$leadership strategy:

Group of answer choices

Competition switches from customer service to pricing.

When technological innovations open up cost reductions for substitutes or competitors.

New entrants are all start$-$up firms with low volumes.

Suppliers request a $2\%$ price increase across the industry, but suppliers have low bargaining power.

When the industry has increasingly high fixed costs.