Entry barriers in the fast food, cable and auto industry
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What entry barriers exist in (a) the fast food industry, (b) cable TV, (c) the auto industry, (d) illegal drug trade?
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Solution Summary
The solution goes through entry barriers which may arise in the fast food, cable TV and auto industries.
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Fast food industry
Entry barriers would include the capital needed to establish a network of branches across the country. Though this can be solved partly by selling franchise rights, this can also create another entry barrier. That is, the entrant must be able to establish that its business is viable before ...
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