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Topic: |
Business
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Number of pages / Number of words: |
5 / 1185 |
Essay's paper body
Although the company has a good reputation and good stock market value; there are other major competitors out there and new entrants. There is however barriers to entry put in place in this industry, that prevents new entrants from coming in. The economies of scale barrier "deter entry by forcing the aspirant either to come in on a large scale or to accept a cost disadvantage" (Pearce & Robinson, 2004)...
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