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Market entry and prospects of growing business

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Reference no: EM132969484

You decide to advise your client to start a business focusing on one of its specialty services. In other words within a monopolistic market structure.

What would you say to your client with respect to market entry and the prospects of growing the business?

In answering this question, explain why monopolistic structure is best entry strategy, which one of the specialty services should the bank focus on, importance of product differentiation, opportunity to capture super profits.

Reference no: EM132969484

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