Question

Which of the following is not identified by Porter as one of the possible types of barriers to entry in an industry?

A) loose bricks
B) switching costs
C) economies of scale
D) product differentiation
E) access to distribution channels

Answer 1

In Michael Porter's analysis, 'loose bricks' is not identified as a barrier to entry in an industry, while the others listed are recognized as such.

Step-by-step explanation:

The concept described in the question refers to Porter's barriers to entry, a term used in the context of business strategy. According to Michael Porter, loose bricks is not identified as one of the barriers to entry in an industry. Other types mentioned, such as switching costs, economies of scale, product differentiation, and access to distribution channels do indeed represent potential barriers to entry that could deter new competitors from entering a market. Understanding these barriers is crucial for businesses seeking to penetrate a new market or maintain competitive advantage.