Facebook has for some years offered services that many individuals have adapted to, making it difficult for them to choose another social networking site. It can be said that Facebook has protected itself well since the beginning from which competitive force?
A) Bargaining power of suppliers
B) Threat of substitute products
C) Potential threat of new entrants
D) Bargaining power of buyers
E) Industry collaboration

Question

Quizplus · Accepted Answer

Facebook's extensive user base and network effects make it difficult for new competitors to enter the market and attract users, thus protecting itself from the potential threat of new entrants.

Facebook Has for Some Years Offered Services That Many Individuals