Which is perhaps the most important entry barrier in the soft drink,over-the-counter drugs,cosmetics,investment banking and public account industries?
A) Capital requirements
B) Market differentiation
C) Economies of scale
D) Product differentiation

Question

Quizplus · Accepted Answer

Product differentiation is crucial in these industries as it helps companies stand out in a crowded market by offering unique features or branding, which can be a significant barrier to entry for new competitors.

Which Is Perhaps the Most Important Entry Barrier in the Soft