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What is the meaning of new entrants in Porter's five forces model ?

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Question added by Deleted user
Date Posted: 2014/07/28
Socrates Chinniah
by Socrates Chinniah , Manager - Strategic Planning , TechnipFMC India

Difficulty for a player to enter the market - Few of the reasons are listed below 

1) requirement of huge capital

2) restriction by the govt , local governing body 

3) Strong brand loyalty  

4) Economies of scale 

 

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