Briefly explain which of the five competitive forces is involved in each of these business developments. a.

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Briefly explain which of the five competitive forces is involved in each of these business developments.
a. The effect on the Educational Testing Service, which offers the SAT test, as more college admissions offices begin to accept the new Classic Learning Test (CLT).
b. The effect on McDonald’s as White Castle and Taco Bell start selling breakfast food.
c. The effect on Target retail stores when Harry’s razors cuts into Gillette’s share of the razor market.

d. The effect on the publishing firm Hachette when Amazon bargains to lower the prices of the books Hachette sells on Amazon’s site.
e. The effect on the AMC movie theater chain of IMAX increasing the fees it charges to theaters to use its technology.

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Microeconomics

ISBN: 9780135952955

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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