Significant Barriers to Entry Are Not Always Sufficient to Keep

question 12

True/False

Significant barriers to entry are not always sufficient to keep some new firms from entering industries with higher-quality products, lower prices, and substantial marketing resources.

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Definitions:

Nonprofit Organizations

Entities that operate for purposes other than generating profit, focusing instead on social, educational, charitable, or religious objectives.

Complementary

Something that completes or goes well with something else, enhancing its qualities or effectiveness.

Pay-For-Success

A funding model where payment is contingent on achieving agreed-upon results, often used in social service and public sector projects to align funding with outcomes.

Social Impact Bond

A financial instrument that raises private investment to fund public or social services, with returns to investors contingent on achieving predetermined social outcomes.