Examlex
Which of the following would be considered as an organisation's stakeholders?
Lower Prices
A market condition where goods or services are offered for sale at reduced costs, often due to surplus supply, decreased demand, or competitive strategies.
Barriers to Entry
Obstacles that make it difficult to enter a certain market or industry, which may include high startup costs, strict regulations, or strong competitor presence.
Differentiating
The process of distinguishing a product or service from others in the market to attract a specific segment of customers.
Barrier to Entry
Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.
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