Entry Barriers in Industry Types
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What entry barriers exist in (a) the fast food industry, (b) cable TV, (c) the auto industry, (d) illegal drug, (e) potato chips and (f) beauty parlors?
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Solution Summary
What entry barriers exist in (a) the fast food industry, (b) cable TV, (c) the auto industry, (d) illegal drug, (e) potato chips and (f) beauty parlors are determined.
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A- Barriers to entry are many other fast food restaurants that are popular and may have cheaper food items, making it harder to get people to switch over.
B- Many markets have exclusivity contracts between buildings and providers. Thus, the barrier hers is that a contract may already exist. There are also lines that need to be spliced in order to ...
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