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Which of the following is an external factor affecting the threat of new market entrants? A) aggressiveness of firms maketing
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Answer #1

Answer:

1.c.Differentiation of products

Explanation:

New technologies and differentiation of products from new market entrants may make your products obselete.The consumers go for different products and try them.Innovative products compete in the market

2.a.Customer relationship management system

Explanation:

This is a marketing strategy where the supplier gets close to their clients.They customize their products according to the customer needs and the loyalty of customer increases through good relationship with customers

3.a.create new products

Explanation:

Companies develop products that meet market needs rather than technical requirements.Ask feedback from customers and improve their performance and analyze the competitors to identify the features that could be improved in your own products

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