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Well-established firms are typically more likely to develop new products due to their existing resources, established market presence, and access to funding for research and development. However, new entrants can be more agile and innovative, often bringing fresh ideas and disruption to the market. While established firms benefit from economies of scale, new entrants may leverage niche markets or emerging trends to gain traction. Ultimately, the likelihood of development depends on the specific context and the firms' strategies.
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Are well-established firms or new entrants more likely to develop or adopt new technologies?
Are well-established firms or new entrants more likely to develop and or adopt new technologies
What competitive environmental forces influence the firms strategy?
The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.
What is mean by cost disadvantage independent of scale?
Refers to cost advantages that established firms in a particular industry have, and which new entrants cannot duplicate. Common examples are government subsidies, access to raw materialls, proprietary technology, and prime real estate locations.
What are CDW threat of new entrants?
The?æCDW threat of new entrants refers to new firms that enter the market with the purpose of gaining profit in a specific industry. This happens when there are highly profitable markets which are giving good yields. This type of markets attract new companies.
What are threats of new entrants?
A new entrant represents firms and individual coming into a market with products and services potentially disruptive to the current system. This presents a threat to the business model and products of present, or legacy firms. However, what is a threat to the legacy firms represents a gain to the options and buying power made available to the consumer.
What are the Three natural barriers to entry are?
The three natural barriers to entry are: Geographic Barriers: These include physical obstacles like mountains, rivers, or oceans that prevent new competitors from easily entering a market. Resource Control: When existing firms control essential resources or raw materials, it becomes difficult for new entrants to access what they need to compete effectively. Economies of Scale: Established companies often benefit from cost advantages due to large-scale production, making it challenging for new entrants to compete on price without substantial initial investment.
What types of firms would be most likely to issue debentures?
Firms that are well-established and have stable cash flows are most likely to issue debentures, as they can provide the assurance needed to attract investors. Companies in capital-intensive industries, such as utilities, telecommunications, or manufacturing, often issue debentures to finance long-term projects or expansions. Additionally, firms seeking to take advantage of favorable interest rates may also opt for debentures to raise funds without diluting equity.
Which firms are most likely to use bank financing rather than to issue bonds or stock to finance their activities?
Smaller firms that are sole pripiortorships or partnerships that are not incorporated and not public companies are more likely to use bank financing.
What determines the level of competitive intensity in an industry according to Porter?
Threat of new entrants -Rivalry among existing firms -Threat of substitute products or services -Bargaining power of buyers -Bargaining power of suppliers -Relative power of other stakeholders
Do most law firms have elder law attorneys?
If you mean older attorneys, it is highly variable depending on the firm, although most established firms will have at least middle aged attorneys. If you mean attorneys specializing in legislation regarding the elderly, it is unlikely that most firms will have such specialists.
What is competitive environmental forces influence the firm's strategy?
In strategic planning, firms analyze the competitive environment in order to adapt to or influence the nature of competition. A general rule of thumb about this analysis is: The more power each of these forces has, the less profitable the industry will be. There are five forces: 1. Customers 2. Rival Firms 3. New Entrants 4. Substitutes 5. Suppliers
Which industries would draw new firms into the market if profits of existing businesses rose?
Industries with high barriers to entry, such as technology and pharmaceuticals, would attract new firms if profits of existing businesses rose, as potential gains could outweigh initial costs. Additionally, sectors like renewable energy and e-commerce, which are experiencing growth and innovation, could see an influx of new entrants seeking to capitalize on emerging opportunities. Increased profits in these areas would likely encourage investment and entrepreneurship, inspiring new startups.
