A USmultinational Retailer Corporation Wants to Set Up a Chain of of Large

Multiple Choice

A U.S.multinational retailer corporation wants to set up a chain of large discount department stores in a developing nation.However,it is hindered by strict licensing procedures and bureaucratic delays in obtaining government approvals.In this example,the multinational corporation faces ________.

A) incumbent inertia
B) economies of scale
C) first-mover disadvantage
D) free-rider effects
E) barriers to entry