Entry barriers are high (Smart Phone Industry)

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When barriers are high, it is more difficult for new competitors to enter the market. High entry barriers positively affect profits for Smart Phone Industry. … "Entry barriers are high (Smart Phone Industry)" will have a long-term positive impact on the this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. This statements will have a short-term negative impact on this entity, which subtracts from its value.

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