For this unit's discussion, choose at least two of the barriers to entry that affect the market in which your business operates. Explain to the class how these barriers affect your company. If you prefer, you may find an article that tells a story about barriers to entry having an effect on a certain company or market.© BrainMass Inc. brainmass.com May 20, 2020, 11:09 pm ad1c9bdddf
Barriers to entry are either the physical, monetary, and political forces that prevent an enterprise to enter the market. These barriers will largely depend on the type of market of your business.
It would not be easy to enter the oligopolistic market like a.) Software operating system, b.) Banks, c.) Pharmaceutical and d.) Health insurance businesses. This is due to the reality that each of these businesses has, according to AmosWeb (2013), (1) ...
There are barriers to entry that affects old and new businesses. The discussion centers around oligopolistic market and how entry barriers influence its business operations. The discussion also lists links to online articles that tell a story about barriers to entry.