Examlex
The lowest level of management is __________.
Barriers To Entry
obstacles that make it difficult for new competitors to enter a market, including high startup costs, access to technology, and stringent regulations.
Competitive
Characterizes a market scenario where multiple sellers strive to attract customers by offering better terms, prices, or products.
Low Costs
Describes situations or processes that require a minimal amount of financial resources to maintain or complete.
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