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Describe how each of the following industry conditions can result in business risks. The entitys market characteristics (e.g., demand, capacity, etc.) and competition The cyclical

Describe how each of the following industry conditions can result in business risks. The entitys market characteristics (e.g., demand, capacity, etc.) and competition The cyclical or seasonal activity in the entitys industry The speed of technology change related to the entitys products The supply availability and cost of the entitys raw materials and product components

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