All of the Following Except One Are Examples of Legal

question 6

Multiple Choice

All of the following except one are examples of legal barriers to entry.Which is the exception?

• A)Patent.
• B)Sole ownership of a resource.
• C)Licensing fee.
• D)Copyright.

---

Definitions:

Growth Strategy

A strategy that involves expansion of the organization’s current operations.

Attractive Industry

A sector of the economy that is appealing to investors and companies due to its potential for high profitability, growth, and stable demand.

Competitors

Businesses or individuals that offer similar products or services and compete for the same market share or audience.

Cost Leadership

A strategy that aims to make an organization the most cost-efficient producer in its industry.