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According to an article in the Wall Street Journal, "The big car makers are pushing a wide array of ...

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According to an article in the Wall Street Journal, "The big car makers are pushing a wide array of ...

According to an article in the Wall Street Journal, "The big car makers are pushing a wide array of new technology into production, responding to relentless competitive pressure, rising energy prices and consumer demand for better safety.
Source: Joseph B. White, "Ford, GM Eye Shift in Buying Habits," Wall Street Journal, May 22, 2006.

Which of Porter's competitive forces does this statement allude to?

• the threat of competition from new entrants

• competition from foreign auto manufacturers

• competition from existing firms within the industry

• competition from substitute products from outside the industry

Textbook

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

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christinaalex

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More solutions for this book are available here

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toripollard8 Author

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Thanks for your help!!

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This helped my grade so much Perfect

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Thank you, thank you, thank you!

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