Which of the Following Is an Industry Barrier for New

question 91

Multiple Choice

Which of the following is an industry barrier for new entrants in an established market?

• A) low financial investments
• B) government policies
• C) low customer switching costs
• D) accessible distribution channels

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Definitions:

New Deal

A collection of initiatives that included programs, public work schemes, monetary reforms, and policies introduced by President Franklin D. Roosevelt in the United States through the 1930s aimed at assisting the nation in its recovery from the Great Depression.

Political Relations

The interactions, negotiations, and alliances between different political entities, such as countries, parties, or governments, often involving power dynamics.

Supreme Court Justices

Members of the Supreme Court of the United States, the highest federal court, responsible for interpreting the Constitution and adjudicating on significant legal disputes.

Expand

To increase in size, volume, quantity, or scope; in business, it often refers to growth strategies through opening new locations, markets, or product lines.