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The market has always been competitive due to entries of potential companies in a specific industry. However, due to the economic issues that our country has been suffering since the imposition of lockdowns all over Metro Manila, several industries have to cut down their operations before they lost all their assets and revenues. The Covid 19 pandemic has a great impact on business overall operations. In your assessment, what structures of business industries could sustain their operations in the long run? Is there any or specific structure which really can easily dominate and exit the market? Defend your answer.
Sagot :
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