The evaluation of entry barriers occurs under which of the factor categories of the VOS Indicator™?
A)industry/market considerations
B)pricing/profitability considerations
C)financial/harvest considerations
D)management team considerations

Question

Quizplus · Accepted Answer

Entry barriers refer to factors that can make it difficult for new businesses to enter the market or industry. This falls under industry/market considerations, which include factors such as competition, technology, regulatory environment, and buyer/supplier power. Pricing/profitability considerations relate more to the pricing strategies and financial performance of the business, while financial/harvest considerations pertain to the exit or sale of the business. Management team considerations focus on the capabilities and experience of the leadership team.

The Evaluation of Entry Barriers Occurs Under Which of the Factor