In intense competitive rivalry,barriers to exit are:
A) High
B) Low
C) Medium
D) Changing

Name: In intense competitive rivalry,barriers to exit are: A) High B) Low C) Medium D) Changing
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In intense competitive rivalry, it is difficult for firms to exit the market due to high barriers which could be caused by investments in fixed assets, contracts, strong brand loyalty or government regulations. Therefore, the best choice is A) High.

In Intense Competitive Rivalry,barriers to Exit Are