Factors that make it difficult and costly for an organization to enter a particular task environment or industry are called ______.Multiple choice question.barriers to entrytechnological breakthroughsbarriers to competitionlocal and global outsourcing
Question
Factors that make it difficult and costly for an organization to enter a particular task environment or industry are called ______.Multiple choice question.barriers to entrytechnological breakthroughsbarriers to competitionlocal and global outsourcing
Solution
The factors that make it difficult and costly for an organization to enter a particular task environment or industry are called barriers to entry.
Similar Questions
Multiple Choice QuestionWhat is the term for factors that prohibit firms from entering an industry?Multiple choice question.Barriers to businessReduction of entryBarriers to entryLack of entry
Multiple Choice QuestionThe strongest barriers to entry effectively block all Blank______.Multiple choice question.monopolistic situationspotential competitionmarketing effortseconomies of scale
Anything that makes it difficult for a new competitor to enter a market even if there is profit is called ______.Multiple choice question.a barrier to entry.an unfair practice.discrimination.
Which factor makes an environment attractive for new entrants?Multiple Choicehigh barriers to entrylow industry growthfavorable government policyhigh capital requirementssmall customer base
Which of the following are examples of barriers to entry?Multiple select question.The lack of a key resourceGovernment regulationsTaxes on profitsHigh start-up costs
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