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Analyze Threats of New Entrants to the Electric Motor Market If other Electric Motor companies can easily enter the industry, your Electric Motor company's
Analyze Threats of New Entrants to the Electric Motor Market If other Electric Motor companies can easily enter the industry, your Electric Motor company's position can be ruined quickly. Analyze whether it is easy or hard to enter the Electric Motor 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?
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