Which of the following forces would you worry the most about as an analyst at a company in industry X?

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section: Chapter Questions
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You are told that industry X is nearing the expiration of a government regulation that requires an extensive and costly licensing process to operate in the industry. Which of the following forces would you worry the most about as an analyst at a company in industry X?

Group of answer choices
Supplier Power
New Entrants
Buyer Power
Substitute goods
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An analyst is a person who studies various factors that can benefit an organization. They also tend to recognize the threats to the company which can cause them losses. Analysts play a very important role in the organization.

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