Conditions That May Prevent New Firms from Entering an Industry

question 55

Multiple Choice

Conditions that may prevent new firms from entering an industry are referred to as

• A)barriers to entry.
• B)strategic maneuvers.
• C)unfair trade practices.
• D)industry regulators.
• E)entry inhibitors.

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Definitions:

Bargaining Mixes

The combination of issues, interests, and goals that parties bring to a negotiation table, which are tradeable and negotiable.

Prepare Effectively

The act of making thorough preparations to ensure success or achieve a desired outcome.

Negotiator's Authority

The level of power and decision-making capability vested in a negotiator by their organization or constituency.

Integrative Negotiation

A negotiation strategy focused on collaborative efforts to find a win-win solution that benefits all parties involved.