Family conglomerates (FCs) might pose a challenge to firms trying to enter emerging markets because ________.
A) FCs have no more knowledge in manufacturing and distribution than other private players
B) FCs are not required to pay taxes
C) the owners of FCs are often overly sympathetic to the bureaucratic state machinery
D) FCs enjoy substantial competitive advantages that overwhelm late entrants

Question

Quizplus · Accepted Answer

Family conglomerates often have established networks, resources, and market knowledge that give them significant competitive advantages over new entrants, making it challenging for these new firms to establish themselves in the market.

Family Conglomerates (FCs) Might Pose a Challenge to Firms Trying