When the threat of new market entrants is high, the desire to seek and maintain competitive advantage to dissuade new entrants is also usually high. True False

Question

Social Studies

Jordan Ewing

7 November, 10:52

When the threat of new market entrants is high, the desire to seek and maintain competitive advantage to dissuade new entrants is also usually high. True False

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Answers (1)

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Kassidy Palmer · Answer 1

True

Explanation:

When those firms which are already existance in market feels threat from new entarnts. Then, they try to discourage the new entarnts to maintain their position in market and to earn same profit margins.