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[solved] The best test of whether potential entry is a strong or weak competitive force is whether

the industry's growth and profit prospects are strongly attractive to potential entry candidates.

capital requirements for new entrants are high or low.

a majority of the existing industry members have earned a profit for 3 consecutive years.

buyer loyalty to existing brands is high or low.

the number of entry barriers.



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11-09-22 | 16:50:51

The best test of whether potential entry is a strong or weak competitive force is whether the industry's growth and profit prospects are strongly attractive to potential entry candidates.


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