Which of the Following Is the Best Example of a Barrier

question 30

Multiple Choice

 Which of the following is the best example of a barrier to entry created by a firm's incumbency advantages?

• A) A company with superior technology when compared to its competitors
• B) A company that engages in extensive advertising to gain consumer loyalty
• C) A company that is marked by overcrowded distribution channels
• D) A company that manufactures its products in high volumes

---

Definitions:

Polychronic Culture

A societal character where multitasking and managing multiple events at once is the norm and highly valued.

North America

A continent located in the Northern Hemisphere and almost entirely within the Western Hemisphere, including countries such as the United States, Canada, and Mexico.

Mediterranean Region

A geographic area surrounding the Mediterranean Sea, characterized by its unique climate, culture, and biodiversity.

Latin America

A region that encompasses the countries in the Americas where Romance languages (languages derived from Latin, such as Spanish, Portuguese, and French) are primarily spoken.