When competition is intense,there are strong potential entrants,there are many similar products in the market,there are few available suppliers,and customers are demanding.

Question

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These factors all contribute to a highly competitive market, which would make it difficult for existing businesses to maintain their market share and for new entrants to succeed. The intense competition would also likely result in price pressure and potentially lower profit margins for businesses.

When Competition Is Intense,there Are Strong Potential Entrants,there Are Many