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Commerce · Q183

eCommerce

Graduate and Post Graduate · Commerce · question 183

Q183

Which of the following is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry?

A.
barriers to entry
Answer
B.
power of suppliers
C.
power of consumers
D.
industry value chain

Answer: Option A

Solution

Answer: Option A
Solution:
Barriers to entry is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry.