Bob, your uncle, owns a small furniture manufacturing company. Bob is considering expanding into manufacturing lighting fixtures.
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Question:
Analyze the lighting fixtures industry and advise him on entry strategy. Below is all the information you need about the industry and potential direct competitors.
The lighting fixtures industry is about $3 billion worldwide and is projected to grow at 2% per year for the next few years.
Suppliers Manufacturers use commodities such as plastic, steel, wood, and glass as raw materials.
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
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