Ask Question
29 January, 13:20

If a leading canned soup company introduces dozens of new flavors in order to dominate shelf space, the company is most likely trying to create a barrier to entry by:

+4
Answers (1)
  1. 29 January, 13:47
    0
    crowding out new entrants

    Explanation:

    Based on the information provided it can be said that in this scenario the company is trying to create a barrier to entry by crowding out new entrants. This is a technique in which a company introduces various variations of a product into the market so that consumers are more likely to buy one of their products instead of another company's similar product.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If a leading canned soup company introduces dozens of new flavors in order to dominate shelf space, the company is most likely trying to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers