The Factors That Lead to a Low-Cost Position Also Provide

question 26

Multiple Choice

The factors that lead to a low-cost position also provide a substantial ________ barriers position with respect to ________ products introduced by new and existing competitors.

• A) entry; substitute
• B) exit; primary
• C) product; substitute
• D) entry; primary

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Definitions:

Coherent Responses

Coherent responses refer to answers or statements that are logically consistent, clear, and well-organized, making them easy to understand.

Casual Style

A relaxed or informal approach to appearance, communication, or behavior, often contrasted with formal styles.

Acronyms

Abbreviations formed from the initial letters of other words and pronounced as a word.

Business Formality

A set of professional standards and practices that are observed in business environments.