Of the following, which produces the highest barrier to entry?
A) Brand identification.
B) Customer ratings.
C) Pricing practices.
D) The economy.
E) Technology.

Question

Quizplus · Accepted Answer

Some major barriers to entry include government policy, capital requirements, brand identification, cost disadvantages, and distribution channels. Brand identification forces new entrants to spend heavily to overcome customer loyalty.

Of the Following, Which Produces the Highest Barrier to Entry