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

question 6

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 entrant,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.

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Definitions:

Fl Oz

A unit of volume measurement equal to one fluid ounce, commonly used in the United States.

1/1,000,000

A mathematical fraction denoting one part per million (ppm), often used to measure concentration levels in chemistry and environmental science.

Denominator

The denominator is the bottom part of a fraction, used to calculate a part of a whole.