A U.S.multinational retailer corporation wants to set up a chain of large discount department stores in a developing nation.However,it is hindered by strict licensing procedures and bureaucratic delays in obtaining government approvals.In this example,the multinational corporation faces ________.
A) incumbent inertia
B) economies of scale
C) first-mover disadvantage
D) free-rider effects
E) barriers to entry

Question

Quizplus · Accepted Answer

A)Barrier to entry is a resource or capability a company must have before it can start competing in a given market.
B)Barrier to entry is a resource or capability a company must have before it can start competing in a given market.
C)Barrier to entry is a resource or capability a company must have before it can start competing in a given market.
D)Barrier to entry is a resource or capability a company must have before it can start competing in a given market.
E)Barrier to entry is a resource or capability a company must have before it can start competing in a given market.

A USmultinational Retailer Corporation Wants to Set Up a Chain of of Large