Imagine You Are Creating a New Product to Sell in an Up-And-Coming

question 120

Multiple Choice

Imagine you are creating a new product to sell in an up-and-coming market. Which of the below statements indicates that it would be easy for you as the new entrants to compete in this market?

• A) The threat of new entrants' force is high in the up-and-coming market.
• B) The threat of new entrants' force is low in the up-and-coming market.
• C) The threat of new entrants' force is impossible to define in the up-and-coming market.
• D) All of these depending on the time of year.

---

Definitions:

Degree

A unit of measurement of angles or a level of achievement in education, often awarded after completing a course of study.

Projection

The psychological transfer of one's own feelings, thoughts, or attributes onto another person or object.

Job Enrichment

A method of motivating employees by adding variety, significance, and autonomy to their tasks, enhancing job satisfaction.

Responsibility and Challenges

Duties or tasks that require effort and provide an opportunity to overcome difficulties or obstacles.