Barriers to Entry Might Include All of the Following EXCEPT

question 109

Multiple Choice

Barriers to entry might include all of the following EXCEPT

• A) patents and copyrights.
• B) ownership of essential resources.
• C) government franchise.
• D) positive economic profits.

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Definitions:

Distributorship

An arrangement within a supply chain where a firm is authorized to distribute a manufacturer's products in a particular territory.

Franchise

A license that allows the franchisee access to a business's proprietary knowledge, processes, and trademarks, enabling the franchisee to sell a product or service under the business's name.

Example

An instance or case used to illustrate or explain a rule or principle.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has its own rights, privileges, and liabilities distinct from those of its members.