Which of the following is true about new entrants?
A)They have strong customer loyalty.
B)They will have records on customers' purchase habits.
C)They are yet to develop relationships with suppliers.
D)They can lock in suppliers to gain a competitive advantage.

Question

Quizplus · Accepted Answer

New entrants are yet to establish relationships with suppliers, so they may not have the same access to resources as existing firms.

Which of the Following Is True About New Entrants