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Question
If economies of scale are an industry's primary entry barrier, a new entrant's major risk isa) its inability to access labor and materials.
b) inferior quality of its products.
c) its inability to match the innovation of the established firm.
d) its inability to produce in sufficient volume to match the cost advantages of established producers.
e) its inability to get buyers to switch to its product.
Answer
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Related questions
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_______________ provides the vehicle through which managers can coordinate the activities of a company's various functions, divisions, and business units to take advantage of their skills and competencies.
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The threat from new entrants is greatest in the _________ stage of the industry life cycle.
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