If Many Factors Prevent New Companies from Entering an Industry

question 41

Multiple Choice

If many factors prevent new companies from entering an industry, the

• A)threat of new entrants is more serious.
• B)threat of competitive rivalry is high.
• C)threat to established firms is less serious.
• D)new companies can easily compete with the established ones.
• E)industry is said to have just a few barriers to entry.

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Definitions:

CAGE

A brief questionnaire used in health screening for detecting potential problems with alcohol abuse, based on four simple questions.

Patient Health Questionnaire

A self-administered diagnostic tool for common mental health disorders used by healthcare professionals.

Mini-Cog

A brief screening tool used to assess cognitive function, specifically to screen for cognitive impairment and dementia, through memory and attention tasks.

Special Supplemental Nutrition Program

A government-funded program providing nutritional assistance to women, infants, and children.