An Example of a Barrier to Entry Would Be the Cost

question 62

Multiple Choice

An example of a barrier to entry would be the cost of setting up a(n) :

• A) babysitting business.
• B) automobile manufacturing plant.
• C) home computer repair business.
• D) web design business.

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Definitions:

Leader-Member Exchange Theory

A theory suggesting that leaders form unique individual relationships with each member of their team, which can affect the team's dynamics and performance.

Relationship

The way in which two or more concepts, objects, or people are connected, or the state of being connected.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Social Exchange Relationships

A theory that explains how human relationships are formed and maintained based on an exchange process aiming at maximizing benefits and minimizing costs.