Which of the Following Factors Best Contributes to the U

question 62

Multiple Choice

Which of the following factors best contributes to the U.S.automotive industry being characterized by high entry barriers?

• A) New auto companies create electric cars powered by simpler motors and gearboxes.
• B) New entrants in the automotive industry expect that incumbents will not or cannot retaliate.
• C) Car manufacturers require large-scale production in order to be cost-competitive.
• D) Few industrial products are as easy to build as cars powered by internal combustion engines.

---

Definitions:

Groupthink

A psychological phenomenon where the desire for group consensus overrides people's common sense or logical reasoning.

Organizational Setting

The environment or context within which an organization operates, including its culture, structure, and processes.

Spatial Arrangements

The way in which physical space is used and organized to facilitate various activities and processes in an environment, affecting how people interact within it.

Group Norms

Shared expectations and rules that guide the behavior of members within a group or team.