Business Studies, asked by dawitalemayehu117, 2 months ago

How potential entrants can affect the business performance of the company

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Answered by VenomArmy
37

Answer:

Potential of New Entrants Into an Industry

A company's power is also affected by the force of new entrants into its market. The less time and money it costs for a competitor to enter a company's market and be an effective competitor, the more an established company's position could be significantly weakened.

Explanation:

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Answered by s18143
1

Answer:

A company's power is also affected by the force of new entrants into its market. The less time and money it costs for a competitor to enter a company's market and be an effective competitor, the more an established company's position could be significantly weakened.

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