Which Is NOT a Factor That Increases the Contestability of Markets

question 143

Multiple Choice

Which is NOT a factor that increases the contestability of markets?

• A) Fixed costs of market entry are low, relative to potential revenue.
• B) The incumbent has no unique, hard-to-replicate resource.
• C) Consumers are not open to the prospect of dealing with a new competitor.
• D) There are few or no legal barriers to entry.

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Definitions:

Fundamentals Of Organizing

involves the basic principles and practices of arranging the structure, roles, and processes in an organization to achieve efficiency and goals.

Span Of Control

The number of subordinates or direct reports that a manager or leader can effectively oversee and manage.

Chain Of Command

The hierarchical structure within an organization that outlines the authority and responsibility relationships from the highest to the lowest ranks.

Organic Organization

A flexible, adaptive type of organizational structure that encourages cooperation and collaboration among employees.