In which of the following options is more likely that the presence of potential new entrants constitutes a threat to incumbent companies:

Question

In which of the following options is more likely that the presence of potential new entrants constitutes a  threat  to incumbent companies:

Answer

When incumbents possess key patents for the industry.

Answer

leave the question unanswered

Answer

When incumbents do not have a reputation for being tough competitors in the market.

Answer

When incumbents have economies of scale.

Answer

The incumbent firm has technologies difficult to obtain by competitors

Answer

When switching costs are high.

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