73. which of the following is true about new entrants? - they have worse technology than other companies -they have no records on customers - they have no market share -they have no bad relationships with suppliers
Answer
73)
they have no bad relationships with suppliers
Explanation
New entrants they don't have bad relationship with suppliers because they are yet to develop relationships with suppliers that allows new entrants to negotiate more with suppliers effectively
Hence, they have no bad relationships with supplier is correct
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New entrants obviously comes with some kinds of new technology
Mostly it will be latest and good
Hence,they have worse technology than other companies is wrong
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New entrants they have certain customer base
hence, hey have no records on customers also wrong
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New entrants they have minimal market share and they have desire to gain market share
hence, they have no market share also wrong
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all the best
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