In the context of entry wedges,_____ occurs because government agencies,government-sponsored commercial contracts,and many big businesses have policies that provide for quotas for buying from small businesses.
A) second sourcing
B) favored purchasing
C) market relinquishment
D) customer contracting

Question

Quizplus · Accepted Answer

Favored purchasing refers to the policy of government agencies, government-sponsored commercial contracts, and big businesses to provide quotas for buying from small businesses, which can create entry wedges for those small businesses. Second sourcing refers to the practice of using multiple suppliers for the same product or service, and is not directly related to entry wedges. Market relinquishment and customer contracting are not industry terms and do not relate to the context of entry wedges.

In the Context of Entry Wedges,_____ Occurs Because Government Agencies,government-Sponsored