Which of the following industry forces is most likely to give a new business a far better chance of succeeding?
A)intense rivalry among competitors
B)high customer power
C)high barriers to entry
D)high supplier power
E)many product substitutes

Question

Quizplus · Accepted Answer

High barriers to entry make it difficult for new competitors to enter the market, reducing the threat of new entrants and giving a new business a better chance of succeeding.

Which of the Following Industry Forces Is Most Likely to Give