Business and Economics-What do these factors tell you about the nature of competition? In general, what are the implications in terms of opportunities and threats for growth, mature, and declining industries?

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Requirements:

Write a 2-3 page paper (title page and reference page do not count in the page count) in response to the questions/prompts posed. See the APA Sample Paper for format guidance. Use Times New Roman 12 pt. font and 1 inch margins. In addition to the textbook, research at least two additional scholarly sources to inform your writing. Include key concepts from the reading assignment. Apply APA formatting. Be sure to include citations and references.

A TurnItIn Report will be generated when you submit your research paper. Reminder: blogs are not considered to be scholarly sources. Assignment 1: Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following: a) the number and size distribution of companies, b) the nature of barriers to entry, c) the height of barriers to entry, and d) the extent of product differentiation. What do these factors tell you about the nature of competition? In general, what are the implications in terms of opportunities and threats for growth, mature, and declining industries?

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