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Essay text:
Considering the investment required entering the market threat of new entrants is low.
Industry Competitors: The competition is strong for 99 cents because some of the competitors have better purchasing power then them.
Substitute: They are selling generic brands so the substituting products are easy.
Suppliers: Suppliers are strong because they are needed to purchase items on lower prices.
Buyers: Bargaining powers of buyers is high.
2. Evaluate the current business strategy of 99 Cents Only Stores in response to its competitive environment. What is the role of information technology infrastructure in that strategy?
99 Cents Only Stores intend to increase its presence by opening new stores and extending its reach to even high income areas...
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Common topics in this essay:
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