________ is a major entry barrier where industry leaders convince potential competitors that any market entry effort will be countered with vigorous and unpleasant responses.
A) Corporate narcissism
B) Brinkmanship
C) Gamesmanship
D) Chaotics

Question

Quizplus · Accepted Answer

Brinkmanship refers to the practice of pushing dangerous events to the verge of disaster in order to achieve the most advantageous outcome possible. In terms of entry barriers, industry leaders may engage in brinkmanship tactics to discourage potential competitors from entering the market by making it clear that they are willing to take extreme measures to protect their market share. This can include aggressive marketing, predatory pricing, and other tactics designed to make it difficult for new competitors to gain a foothold in the industry.

________ Is a Major Entry Barrier Where Industry Leaders Convince