When a company is analyzing an industry, which factor would lead the company to believe the threat of new entrants is low?
A) economics of scale and switching costs are low
B) learning curves are steep
C) brand name reputation is weak
D) key resources are abundant

Question

Quizplus · Accepted Answer

Steep learning curves indicate that new entrants would face significant challenges in acquiring the necessary skills and knowledge to compete effectively, thus lowering the threat of new entrants.

When a Company Is Analyzing an Industry, Which Factor Would