How does the threat of new entrants have the potential to suppress an industry’s profitability?
How does the threat of new entrants have the potential to suppress an industry’s profitability? A high threat of new entrants makes an industry less attractive – there are low barriers to entry. Therefore, new competitors are able to easily enter into the industry, compete with existing firms, and take market share. There is a … Continue reading How does the threat of new entrants have the potential to suppress an industry’s profitability?
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed