Several factors that influence the emergence of competitors in an industry include: a) minimum efficiency scale to marke

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Several factors that influence the emergence of competitors inan industry include:a) minimum efficiency scale to market size;
b) consumer loyalty to certain brands;
c) competitor's access to inputs, production techniques ofgoods/services and distribution network;
d) the steepness of the learning curve that competitors have togo through.
The Questions is:1. In the Mineral Water Industry, do you agree with thestatement that factors b) and c) play less role in determiningwhether or not a potential competitor enters the mineral waterindustry. Explain with some references according to Industry andCompetitive Analysis.
2. In a technology-intensive Industry, such as theSmartphone Industry, do you agree with the statement that the mainfactors hindering the entry of new competitors are factors a) andc)? Explain with some references according to Industry andCompetitive Analysis.