Entry Barriers: Difference between revisions

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{{Learning concept
{{Learning concept
|Description=Entry barriers make it difficult and expensive for new competition to enter an existing market
|Description=Entry barriers make it difficult and expensive for new competition to enter an existing market. Entry barriers also determine how easily a firm can enter an industry. Entry barriers are often one of the most significant predictors of industry profitability.
|Wikipedia reference=http://en.wikipedia.org/wiki/Barriers_to_entry
|Wikipedia reference=http://en.wikipedia.org/wiki/Barriers_to_entry
}}
}}

Latest revision as of 22:25, 13 May 2014

Description

Entry barriers make it difficult and expensive for new competition to enter an existing market. Entry barriers also determine how easily a firm can enter an industry. Entry barriers are often one of the most significant predictors of industry profitability.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/Barriers to entry

Learning Material

Covered in Topic(s)

 
External Environment Analysis
Organizational Strategy Information Systems and Competitive Advantage