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Essay's paper info
| Topic: |
Social Issues
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| Number of pages / Number of words: |
12 / 3152 |
Essay's paper body
(Strategic Management)
The new entrant’s decision to enter the industry depends on the two factors. These two factors are: barriers to entry and the retaliation it expects from the current participants.
Competitors already established in the industry may try to develop barriers to entry. Potential entrants may try to avoid such barriers and seek industries where the entry barriers are low...
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Potential entrants may try to avoid such barriers and seek industries where the entry barriers are low. When the barriers to entry are low it increases the chance of the new entrant operating profitably.
New entrants would need to consider the retaliation it expects from the current participants of an industry; obviously the greater expectation of a vigorous competitive response would reduce the likelihood of entry...
Essay fragment
General points of the essay
Rising Rice Price
By comparison with the other factors, evaluate how important stakeholders are in strategic management.
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