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    Business
  3. Study Set
    The Management of Strategy
  4. Exam
    Exam 2: The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis
  5. Question
    A High Threat of New Entrants Keeps Pricing Pressures on Existing
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A High Threat of New Entrants Keeps Pricing Pressures on Existing

Question 64

Question 64

True/False

A high threat of new entrants keeps pricing pressures on existing firms, keeping consumers happy and making the industry attractive and profitable.

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