The Threat of New Entrants Would Be Higher Under Which

question 124

Multiple Choice

The threat of new entrants would be higher under which of the following conditions?

• A)access to distribution channels is hard to gain.
• B)economies of scale in the industry are high.
• C)product differentiation in the industry is low.
• D)capital requirements in the industry are high.

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Definitions:

Implicit Memory

A form of enduring memory that allows individuals to carry out activities without being consciously aware of past encounters.

Long-term Memory

The phase of the memory process that is capable of storing information for extended periods of time, ranging from minutes to a lifetime.

Short-term Memory

A cognitive system with a limited capacity that is capable of temporarily holding information available for processing.

Distributed Practice

A learning strategy that involves spreading study sessions and practice over time.