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fiasKO [112]
2 years ago
9

Kindly suggest an effective strategy to help new entrants gain a significant share of the financial service market

Business
1 answer:
Svet_ta [14]2 years ago
8 0

Answer:

Franchising.

Explanation:

Franchising is an effective way to enter into market when a person has few or no knowledge about the market conditions. This is most suitable for food chains as there is no or minimum changes required for the operations. It is safe option for new entrants.

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Y represents the economy’s total expenditure

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