All of the following are reasons that pharmaceutical companies have higher barriers for entry than grocery stores except:
A) There is lengthy government testing and approval required.
B) Research and development is a lengthy and uncertain process.
C) Patent protection is needed for exclusive rights.
D) The largest asset is typically capital intensive Property, Plant and Equipment.

Question

Quizplus · Accepted Answer

The largest asset for pharmaceutical companies is actually their intellectual property and research, while capital intensive Property, Plant and Equipment is a larger asset for grocery stores.

All of the Following Are Reasons That Pharmaceutical Companies Have