Which of the following is an industry barrier for new entrants in an established market?
A) low financial investments
B) government policies
C) low customer switching costs
D) accessible distribution channels

Question

Quizplus · Accepted Answer

Government policies can act as a barrier for new entrants by setting regulatory requirements, licensing and permitting requirements, and other legal barriers that can be costly and time-consuming to navigate. Low financial investments (A) and accessible distribution channels (D) may actually encourage new entrants to join the market, while low customer switching costs (C) make it easier for new entrants to attract customers away from established companies.

Which of the Following Is an Industry Barrier for New