Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
You are told that industry X is nearing the expiration of a government regulation that requires an extensive and costly licensing process to operate in the industry. Which of the following forces would you worry the most about as an analyst at a company in industry X?
Group of answer choices
Supplier Power
New Entrants
Buyer Power
Substitute goods
Expert Solution
Step 1
An analyst is a person who studies various factors that can benefit an organization. They also tend to recognize the threats to the company which can cause them losses. Analysts play a very important role in the organization.
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