Imagine you are creating a new product to sell in an up-and-coming market. Which of the following statements indicates that it would be easy for you as the new entrants 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.
A. The threat of new entrants force is high in the up-and-coming market.
Business
You might also like to view...
Competitive advantage can be created by offering a lower price for a product that is similar to the competition's product
Indicate whether the statement is true or false
Business
In which phase of the product life cycle are sales driven by the loyalty of a small group of customers?
A) growth B) introduction C) awareness D) maturity E) decline
Business