Explain the threat of new entrants to businesses. What will be ...

[melina_rosy]

Explain the threat of new entrants to businesses.
 
  What will be an ideal response?

Question 2

A(n) ________ is a characteristic or quality that describes a database entity.
 
  A) field
  B) tuple
  C) key field
  D) attribute
  E) relationship

[al]

Answer to Question 1

The threat of new entrants in an industry is very high when startups open shop with little capital, few employees, and next to no experience. Incumbents in the industry must keep their prices low to ward off newcomers, so profitability suffers. New entrants might also come from established companies in other industries, whose leaders decide to diversify and encroach on another.

Answer to Question 2

D

[melina_rosy]

Thanks for the timely response, appreciate it

[Sarahjh]

Great answer, keep it coming