The difference between barriers to entry and barriers to mobility is:
A)The sources of barriers to mobility are different than the sources of barriers to mobility
B)There is no real difference
C)Barriers to mobility are less effective than barriers to entry
D)Barriers to entry protect the industry as a whole whereas barriers to mobility protect segments within the industry

Question

Quizplus · Accepted Answer

Barriers to entry are obstacles that prevent new competitors from easily entering an industry or area of business, thus protecting the entire industry. Barriers to mobility, on the other hand, are obstacles that prevent companies within an industry from moving freely between different market segments or levels of the industry, thus protecting specific segments within the industry.

The Difference Between Barriers to Entry and Barriers to Mobility