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The best test of whether potential entry is a strong or weak competitive force is: whether the industry offers an opportunity for a blue ocean
The best test of whether potential entry is a strong or weak competitive force is: whether the industry offers an opportunity for a blue ocean strategy. to ask if the industry's growth and profit prospects are strongly attractive to potential entry candidates. whether the industry's driving forces make it harder or easier for new entrants to be successful. whether the strategies of industry members are well matched to the industry's key success factors.
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