Over the past six years, increases in yearly revenues have consistently reached 12% Byte Products, Inc., headquartered in the midwestern United States,is regarded as one of the largest-volume suppliers of specialized components and is easily the industry leader,with some 32% market share.Unfortunately for Byte, many new firms-domestic and foreign-have entered the industry. A dramatic surge in demand, high profitability, and the relative ease of a new firm's entry into the industry explain in part the increased number of competing firms.