The Telecom Industry in the Country of New Taria Is

question 72

Multiple Choice

The telecom industry in the country of New Taria is an industry characterized by the presence of strong network effects,high brand loyalty,high economies of scale,and proprietary technology among incumbent firms.Thus,in the telecom industry,the

• A) threat of substitutes is most likely high.
• B) threat of new entrants is most likely low.
• C) bargaining power of buyers is most likely low.
• D) entry barriers are most likely nonexistent.

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Definitions:

Business Communication

Business communication encompasses all the methods and tools used for sharing information within an organization and with external stakeholders.

Microblogging

A form of blogging that allows users to write brief text updates and publish them, often used on platforms like Twitter.

Business Communication

The sharing of information between people within and outside an organization, conducted for the commercial benefit of the organization.

Teasers

Short promotional pieces intended to generate interest or curiosity in a product, event, or content without revealing all the details.