In Porter's Model a Higher Entry Threat Is Likely to Reduce

question 2

True/False

In Porter's model a higher entry threat is likely to reduce profits of established businesses

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Definitions:

Involuntary Bailment

A situation where an individual unintentionally comes into possession of someone else's property and has a legal duty to take care of it.

Bailor

The owner giving up possession of property in a bailment.

Bailee

The person acquiring possession of personal property in a bailment.

Gratuitous Bailment

A situation where property is voluntarily transferred into another's custody without expectation of payment.