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A technology upgrading strategy is utilized by incumbent companies in a mature industry to deter entry by investing in costly upgrades that potential entrants would have trouble matching. True or False?

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  1. 18 September, 09:02
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    The answer is TRUE.

    Explanation:

    A technology upgrading strategy is utilized by incumbent companies in a mature industry to deter entry by investing in costly upgrades that potential entrants would have trouble matching. That is a true statement.
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