The Likelihood of Entry of New Competitors Is Affected by ______

question 101

Multiple Choice

The likelihood of entry of new competitors is affected by ______ and ______.

• A) barriers to entry; expected retaliation of current industry organizations
• B) the power of existing suppliers; buyers
• C) the profitability of the industry; the market share of its leading firm
• D) the demand for the product; the profitability of the competitors

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Definitions:

Members

Individuals who are part of a group, organization, or body, sharing common interests or goals and often having specific rights or responsibilities.

Stakeholder

An individual, group, or organization that has an interest or concern in an organization or project and can affect or be affected by the organization's actions, objectives, and policies.

Government Policy

The plans and actions taken by a government to achieve certain goals or address specific areas of public concern.

Educational Demands

Educational demands refer to the expectations and requirements placed on students, educators, and educational institutions to achieve certain learning outcomes and performance standards.