Which of the following is NOT an entry barrier to an industry?
A) Expected competitor retaliation
B) Economies of scale
C) Customer product loyalty
D) Bargaining power of suppliers

Question

Quizplus · Accepted Answer

Bargaining power of suppliers is a factor that affects the competitive environment within an industry, but it is not an entry barrier. Entry barriers are obstacles that make it difficult for new firms to enter an industry, such as economies of scale, customer loyalty, and expected competitor retaliation.

Which of the Following Is NOT an Entry Barrier to an Industry