The threat of competitors' entering the automobile manufacturing industry is _____ because barriers to entry are so _____.
A)Low, low
B)High, high
C)High, low
D)Low, high

Question

Quizplus · Accepted Answer

The threat of competitors entering the automobile manufacturing industry is low because the barriers to entry, such as high capital requirements, economies of scale, and brand loyalty, are high.

The Threat of Competitors' Entering the Automobile Manufacturing Industry Is