True/False
James has invested a large amount of money in his business; he is reluctant to just give up this investment, which he would have to do if he closed his business.This is an example of an exit barrier.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q59: Which of the following is likely to
Q60: Mary has established a reasonable geographic radius
Q61: When small businesses compete with large firms,
Q62: In the context of external analysis, once
Q63: A small business owner must understand when
Q65: If a business owner cannot easily exit
Q66: _ is an area of business that
Q67: _ is studying and learning from a
Q68: Dennis wants to open up a bowling
Q69: Orthodox and unusual or unique competitive factors