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Essay text:
With support from Porter's model, these three factors will show the associated risks that a prospective entrant would have to endure in order to penetrate the tobacco leaf industry.
The first of Porter's five forces is the threat of new entrants. Threats of new entrants into the tobacco leaf industry are low according to the material presented in the case. Reasons that may lead an entrant to conclude this are associated with low access to specific tobacco types and subsequent financial capital that would be required for a new player to infiltrate the industry. Corporations currently involved in the tobacco leaf industry are international companies that have tobacco plantations all over the globe...
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