Greatest impact on industry prices and profits

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What are the primary factors shaping competition in an industry? Which of these factors will have the greatest impact on industry prices and profits?

Why do so many new businesses fail within the first 5 years of business? Explain how an entrepreneur can determine if their business idea will be successful.

Reference no: EM1318347

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Greatest impact on industry prices and profits : What are the primary factors shaping competition in an industry? Which of these factors will have the greatest impact on industry prices and profits?
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