Which Increases the Contestability of a Market

question 9

Multiple Choice

Which increases the contestability of a market?
I. low fixed costs of entry
II. no legal barriers to entry
III. consumers are willing to try substitute goods

• A) I, II, and III
• B) II and III only
• C) I only
• D) II only

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Definitions:

Time Management Skills

Time management skills involve effectively organizing and planning how to divide one's time between specific activities to increase efficiency and productivity.

Undifferentiated Selling Approach

A marketing strategy ignoring segment differences and appealing to the market as a whole, focusing on what is common in the needs of consumers.

Territorial Evaluation

The assessment of sales territories to ensure optimal performance and alignment with strategic sales goals.

Sales Territory

A specific geographic area or segment of customers assigned to a salesperson or team for the purposes of marketing and sales.