As a small and medium business owner/ manager have you consider - TopicsExpress

As a small and medium business owner/ manager have you consider the power of your supplier, what about your buyer power. Have you reconsider the threats of substitute, what about the complementors. Did you check the barriers to entry, that is,can any person enter this industry with ease. Do government regulations make it hard for others to enter? Most importantly who are your competitors. Are there lots of competitors in the market already ? Are they weak or strong? All these are strategic issues that needed serious consideration (Nweke, 2013)

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