Which of the following is an industry barrier for new entrants in an established market?
A) low financial investments
B) government policies
C) low customer switching costs
D) accessible distribution channels
B
You might also like to view...
The size of the advertising agency or media buying firm has an impact on the rates that a company will pay for media time and space
Indicate whether the statement is true or false
Distinguish between market-skimming pricing and market-penetration pricing
What will be an ideal response?
Cross-referencing is useful in assuring that the debits and credits are in balance
Indicate whether the statement is true or false
A partnership:
A. Has owners called shareholders. B. Is also called a sole proprietorship. C. Is a legal organization separate from its owners. D. Is legally required to have a written agreement. E. Has unlimited liability for its partners.