The "Old" Barriers to Entry That Kept Competitors Out of a Market

question 18

Multiple Choice

The "old" barriers to entry that kept competitors out of a market included

• A)large investments to play in the same league with existing suppliers.
• B)great difficulty in taking customers away from existing suppliers.
• C)lack of experience with the technology and a steep learning curve to become as good as the existing suppliers.
• D)all of the above

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Definitions:

Perimeter

The total distance around the edge of a geometric figure or shape.

Rectangle

A four-sided flat shape with straight sides where every interior angle is a right angle (90 degrees).

Square Meters

A metric unit of area equal to the area of a square measuring one meter on each side.

Maximum Height

The highest point or peak that an object or function reaches.