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:

Conditioning

A method of changing behavior where an individual learns to link a new behavior with a stimulus that was previously not related to it.

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Cognitive Perspective

A psychological approach that emphasizes mental processes such as perception, memory, thought, and problem solving, and how they may influence behavior.

Mental Processes

Cognitive activities of the mind, including thinking, perception, memory, and decision-making.