An Entry Barrier Makes It More ________ for New Competition

question 3

Short Answer

An entry barrier makes it more ________ for new competition to enter the market.

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Definitions:

Community

A group of people living in the same area or having a particular characteristic in common, or a feeling of fellowship with others due to sharing common attitudes, interests, and goals.

Workplace

A location or environment where people are employed and where professional duties are performed.

Organizational Climate

Organizational climate refers to the collective attitudes, standards, and properties that characterize an organization and influence its members' behavior.

Dimensions

Various aspects, features, or factors that can be used to evaluate or describe something in detail.