Which of the following is a barrier to entry?
A)consumer demand for a product
B)brand identification
C)the existence of a popular complement
D)a low-cost distribution method
E)an inexpensive production process

Question

Quizplus · Accepted Answer

Brand identification can create a barrier to entry for new competitors as consumers already recognize and trust established brands. This can make it difficult for new brands to gain market share and establish themselves as credible alternatives. The other options listed may affect competition but do not necessarily create a significant barrier to entry.

Which of the Following Is a Barrier to Entry