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what are the entry barriers in pharmaceutical industry?
security barriers
aaa
Perfect competition
yes
c) no barriers to entry or exit in the long run
The barriers of entry, the value the industry can provide for customers, capital requirement, exit barriers. All this can be determined using Porter's Five Force Model, which looks at competitor (Rivalry), threat of new entrants, supplier power, buyer power, and threat of substitute products.
True
There is a entry in the door way. Every doorway has an exit sign to show you where to go out. The castle had a huge entry.
There were many external environments that affected Merck company. They were rivalry, entry and exit barriers, supplier power, buyer power and threat of substitutes.
Long run, so that long-run economic profits are zero.
An antonym for the word 'entry' is 'exit'.