Although in Canada reasonable efforts are made to provide a "level playing field" in business, it would be difficult for a new Canadian automobile company to be established today, primarily because of:
A)lower standards of living.
B)barriers to entry.
C)government regulations of competitive practices.
D)corporate prejudices.

Question

Quizplus · Accepted Answer

The primary reason why a new Canadian automobile company would have difficulty being established today is due to barriers to entry, such as the high costs associated with setting up manufacturing facilities, developing supply chains, and establishing a brand name in a highly competitive industry. While government regulations and corporate prejudices may also present challenges, they are not the primary reason why it would be difficult for a new automobile company to enter the market. Lower standards of living may indirectly contribute to the challenges faced by a new company, but they are not a direct barrier to entry.

Although in Canada Reasonable Efforts Are Made to Provide a "Level