Which of the following is an entrepreneurial barrier to competition?
A) Obtaining control of resources.
B) Obtaining a legal monopoly.
C) Establishing a Reputation.
D) Innovation.
E) All of the Above.

Question

Quizplus · Accepted Answer

All of the options listed are considered entrepreneurial barriers to competition. Obtaining control of resources, obtaining a legal monopoly, establishing a reputation, and innovation can all make it difficult for new competitors to enter a market, thereby serving as barriers to competition.

Which of the Following Is an Entrepreneurial Barrier to Competition