Thursday 22 September 2011

If a market is shrinking, the market growth will be negative, How would this affect the business within that market?

  • Less business 
  • Possible bankruptcy 
  • Less competition so more fierce
  • Loyal customers could help
  • Tense little room for new ventures
  • Leader's profits would increase
  • Downward spiral as less customers
  • Prices increase 

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