Answer:
false
Explanation:
Based on the information provided within the question it can be said that the statement being made is false. This statement does not exemplify Porter's threat of new entrants, since this talks about the threat of new companies entering the same market with the same product in order to compete with the existing competitors in that market. In this scenario the new companies that eventually made Polaroid Bankrupt had an innovative new technology and which people starting using and left the entire Polaroid Market behind.
Answer:
Looks like it is a multiple choice question
and you didn't give any choice
Shining and warm
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