In "Teams Competency: Coach K's Gold-Medal Leadership," Coach K Uses

question 60

Multiple Choice

In "Teams Competency: Coach K's Gold-Medal Leadership," Coach K uses ______ as a relationship builder and is a huge part of how he relates to his teams.

• A) praise
• B) personal stories
• C) rewards
• D) humor

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Definitions:

Barriers to Entry

Obstacles that make it difficult for new competitors to enter a market, such as high startup costs, access to technology, and strict regulations.

Market Power

The ability of a firm or group of firms to influence or control prices or output in a particular market.

Barriers to Entry

are obstacles that make it difficult for new competitors to enter an industry, including high startup costs, strict regulations, and established brand loyalty.

Monopolistically Competitive

A market structure where many companies sell products that are similar but not identical.