What Is an Entry Barrier

question 105

Multiple Choice

What is an entry barrier?

• A) A product feature that customers have come to expect from organizations in a particular industry and must be offered by an entering organization to compete and survive
• B) A service feature that customers have come to expect from organizations in a particular industry and must be offered by an entering organization to compete and survive
• C) A product or service feature that customers have come to expect from organizations in a particular industry and must be offered by an entering organization to compete and survive
• D) A product or service feature that customers no longer expect from organizations in a particular industry and do not need to be offered by an entering organization to compete and survive

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Definitions:

Schneider Electric

A multinational company specializing in energy management and automation solutions, serving the global market.

Sprinklr

A comprehensive customer experience management software that helps organizations engage with their customers across various digital channels.

Salesforce

A cloud-based software company known for its customer relationship management (CRM) product.

India

A country in South Asia, known for its diverse geography, languages, cultures, and history.