Exit barriers represent a determinant of
A) Entry
B) Rivalry
C) Buyer power
D) Supplier power

Question

Quizplus · Accepted Answer

Exit barriers are obstacles that make it difficult for a company to leave a market or industry. High exit barriers can increase rivalry among existing firms, as they are more likely to fight to stay in the market rather than giving up and exiting. Therefore, exit barriers are a determinant of rivalry. They do not relate to entry, buyer power, or supplier power.

Exit Barriers Represent a Determinant of