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Alexeev081 [22]
3 years ago
13

Which business or businesses would likely have the most competition from national firms? Check all that apply. A niche retail cl

othing store An elegant seafood restaurant A pizza home-delivery restaurant A gourmet coffee and coffee bean store An aluminum recycling business
Business
2 answers:
OlgaM077 [116]3 years ago
5 0

Answer:

The correct answers are letters "C" and "D": A pizza home-delivery restaurant; A gourmet coffee and coffee bean store.

Explanation:

Competition against national firms depends on what the entry country is dedicated to producing. For instance, an international company with intentions to start selling coffee in Colombia is forgetting that country exports that commodity in large quantities. Colombia reported revenues for $2.45 billion thanks to the export of coffee during 2019.

Another example would be starting to sell pizzas in the U.S. where there are already around 77,000 pizzerias offering both restaurant and delivery services and reporting revenues for $45.73 billion.

Therefore, from the options given, <em>a pizza home-delivery restaurant and gourmet coffee and coffee bean store would be likely the most competitive businesses that would face more rivals while entering a market.</em>

Umnica [9.8K]3 years ago
4 0

Answer:

The most relevant answers will be,

  • An elegant seafood restaurant
  • A pizza home-delivery restaurant

Explanation:

Usually, when the entry is easy for a industry such an industry is at the risk from national firms. Niche industries and industry that require special technology and has only a small market segment have less risk.

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