The "old" barriers to entry that kept competitors out of a market included
A)large investments to play in the same league with existing suppliers.
B)great difficulty in taking customers away from existing suppliers.
C)lack of experience with the technology and a steep learning curve to become as good as the existing suppliers.
D)all of the above

Question

Quizplus · Accepted Answer

All of the options listed were traditional barriers to entry that made it difficult for new competitors to enter a market and compete with existing suppliers. Large investments were often required to develop the necessary infrastructure and capabilities to compete, while customers may have been loyal to existing suppliers or resistant to change. Additionally, new entrants may have required time to learn how to work with new technologies or develop the expertise necessary to compete effectively.

The "Old" Barriers to Entry That Kept Competitors Out of a Market