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Question
Mr. Crunchy Inc. is a firm that manufactures potato chips. With more and more people becoming health conscious, it made no profit in the last quarter. But with large initial investment, factories, and the high-technology chips-making machines, the firm found it difficult to abandon the industry. According to Porters five-force model, the company was facing a(n):
a. vertical integration.
b. exit barrier.
c. horizontal integration.
d. substitute threat.
Answer
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