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Abstract: An 8 page paper that responds to this question: If petrol prices in Australia rose to $10 per litre in ten years, what would be the impact on businesses? What are the risks and opportunities? The essay discusses external forces that influence all businesses. Assumptions made in the industrial organization model, Porters five sources and generic competitive strategies. The writer discusses how these theories are being applied with today's fuel costs and what businesses could do if the scenario became true. Bibliography lists 5 sources.
Catagory:
Subcatagory: Miscellaneous Economic Issues
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