Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all the parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in

please answer all the parts of the question within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the option is correct and why other options sre incorrect give reasons for the same , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

image text in transcribed
Some industries, like the athletic shoe industry, are dominated by a small number of firms with strong brands. These industries are difficult to break into without spending heavily on advertising. The barrier to entry that the firms in these types of industries have erected is referred to as: A) government and legal barriers B) capital requirements C) product differentiation D) cost advantages independent of size E) access to distribution channels Question 11 (0.5 points) Product proliferation is a potential strategy used to reduce the threat of potential entry. True False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management In The Hospitality Industry

Authors: Mike Olsen, Michael D Olsen

2nd Edition

0471292397, 9780471292395

More Books

Students also viewed these General Management questions

Question

Evaluate each expression in Problems 3-32. \({ }_{k} P_{4}\)

Answered: 1 week ago

Question

The number of new ideas that emerge

Answered: 1 week ago

Question

Technology

Answered: 1 week ago