What barriers do companies face when entering the market

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Reference no: EM133441561

Questions: Analyze Threats of New Entrants to the Market Describe the threats of new entrants to the market in the new industry (The new industry that would be a good ?t for our company is Electric Vehicle engines). If other companies can easily enter the industry, your company's position can be ruined quickly. Analyze whether it is easy or hard to enter the market and explain your findings in the template below. Be sure to answer these questions:

- What barriers do companies face when entering the market?

- Are there many regulations or legal barriers?

- Are there high costs associated with gaining the expertise necessary to produce goods or provide services for the market?

- How many other companies are just as prepared or better prepared than yours to enter this industry?

Reference no: EM133441561

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