About Five Forces Wiki Rev.
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Title: About Five Forces Wiki Rev.

Essay Details:

Subject: Business
Author: Andrew N
Date: June 20, 2015
Level: University
Grade: B
Length: 3 / 688

Essay text:

This results in many new entrants, which will effectively decrease profitability. Unless the entry of new firms can be blocked by incumbents, the profit rate will fall towards a competitive level (perfect competition). * the existence of barriers to entry (patents, rights, etc.) * economies of product differences * brand equity * switching costs or sunk costs * capital requirements * access to distribution * absolute cost advantages * learning curve advantages * expected retaliation by incumbents * government policies The intensity of competitive rivalry For most industries, this is the major determinant of the competitiveness of the industry...

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