Multiple Choice
_____ means new entrants to an industry face existing products and services with loyal customers who are not likely to switch easily to something new.
A) Distribution accessibility
B) Economies of scale
C) B rand loyalty
D) Keystroking
E) Product differentiation
Correct Answer:
Verified
Correct Answer:
Verified
Q17: The _ represents an unserved niche that
Q18: Industries remain static or stable over time.
Q19: The North American Industry Classification System (NAICS)
Q20: The ethnographic approach for entrepreneurs to observe their
Q21: The _ stage of the industry life
Q23: A(n) _ is a grouping of businesses
Q24: _ have provided a way of effectively
Q25: List the four steps of the process
Q26: Which of the following is NOT one
Q27: The North American Industry Classification System (NAICS)