A High Threat of New Entrants Keeps Pricing Pressures on Existing

question 64

True/False

A high threat of new entrants keeps pricing pressures on existing firms, keeping consumers happy and making the industry attractive and profitable.

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Definitions:

Environmental Benefits

Positive effects or outcomes on the natural environment resulting from certain actions or policies, such as reduced pollution or conservation of natural resources.

Faux Environmentalism

Faux environmentalism, also known as greenwashing, refers to when companies misleadingly advertise their products or policies as being environmentally friendly, when in reality, their practices may not be sustainable or beneficial to the environment.

Anti-Sustainability

A stance or approach that disregards or opposes principles of sustainability and environmental preservation.

Ecological Issues

Environmental challenges affecting ecosystems, such as pollution, climate change, and biodiversity loss, which warrant urgent attention and action.