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Examveda

Which of the following is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry?

A. barriers to entry

B. power of suppliers

C. power of consumers

D. industry value chain

Answer: Option A

Solution(By Examveda Team)

Barriers to entry is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry.

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