Which of the Following Can Be Considered a Barrier to Entry

question 39

Multiple Choice

Which of the following can be considered a barrier to entry in a market?

• A) A maturing market
• B) Bad customer service
• C) Few competitors
• D) Good economic conditions
• E) No available good locations

---

Definitions:

Win-Lose Situation

A competitive scenario where one party's gain is inherently due to another party's loss, emphasizing a zero-sum outcome.

Contract Negotiation

The process of discussing the terms and details of a contract to reach an agreement that is acceptable to all parties involved.

HR Triad

A framework in human resources management involving three key players: line managers, HR professionals, and employees, each with unique roles and responsibilities.

Union Responsibilities

The duties and obligations that labor unions have towards their members, which can include negotiating contracts, advocating for workers' rights, and providing support during disputes with employers.