The more difficult it is to enter the task environment
A)the easier it is to keep prices high.
B)the lower is the barrier to entry.
C)the harder it is to obtain customers.
D)the more competitors an organization faces.
E)the less expensive it is to enter the industry.

Question

Quizplus · Accepted Answer

Barriers to entry are factors that make it difficult and costly for a company to enter a particular task environment or industry.In other words, the more difficult and costly it is to enter the task environment, the higher are the barriers to entry.The higher the barriers to entry, the fewer the competitors in an organization's task environment and thus the lower the threat of competition.With fewer competitors, it is easier to obtain customers and keep prices high.

The More Difficult It Is to Enter the Task Environment