Multiple Choice QuestionBlank______ of essential property is a barrier to entry into an industry.Multiple choice question.ControlSaleMergersDeterioration
Question
Multiple Choice Question
Blank ______ of essential property is a barrier to entry into an industry.
- Control
- Sale
- Mergers
- Deterioration
Solution
Analyzing the Options
- Control: This term could refer to the power that one firm has over another in an industry, but it may not specifically address barriers to entry.
- Sale: This generally refers to transactions in the market rather than barriers to entry.
- Mergers: While mergers can influence market dynamics, they are generally not considered a barrier to entry.
- Deterioration: This term suggests a decline in quality or value, which does not typically represent a property influencing barriers to entry into an industry.
Conclusion
The most appropriate answer among the given options is Control. Control over essential properties such as technology, patents, or resources can create significant barriers for new entrants into an industry, making it challenging for them to compete effectively.
Final Answer
Control
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