Which of the Following Can Serve as an Entry Barrier

question 8

Multiple Choice

Which of the following can serve as an entry barrier?

• A)Legal restrictions
• B)Patents
• C)Control of scarce resources or inputs
• D)All of these responses are correct.

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Definitions:

Contingency Perspective

The idea that the effectiveness of leadership or management practices depends on the specific situational variables present.

Leadership Effectiveness

A measure of a leader’s ability to achieve desired results, influence others, and foster organizational success.

Universal Theory

A concept or idea that is believed to apply universally across cultures, situations, or conditions, often seeking to explain a broad phenomenon.

Think Strategically

The ability to envision long-term goals and objectives, and to formulate plans and approaches that ensure the achievement of these goals in an efficient and effective manner.