CLEP Management

Category - CLEP Management

Which of the following are barriers to entry?
  1. Initial investment capital
  2. Intellectual property
  3. Government policy
  4. Sales channel access
  5. All of the above
Explanation
Answer: e - All of the above. Initial investment capital, intellectual property, government policy (e.g. a limited number of permits) and access to sales channels are all barriers to entry.

Key Takeaway: Try to remember this list because it is important to know when assessing the attractiveness of entering a new market.
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