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

question 144

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 difficult for you to enter this new 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 high during the summer months in the up-and-coming market.
• D)All of the above depending on the time of year.

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Definitions:

Quarterly Earnings

The financial performance report of a company released every three months, indicating the net income, or earnings, achieved during that period.

Workforce

The group of people who are employed in a company, industry, country, or are available to work.

Ideology

The system of attitudes, beliefs, ideas, perceptions, and values that shape the reality of people in society. Ideology does not simply reflect reality as it exists but shapes reality to favor the interests of the dominant class.