Which of the following is most likely true of your business strategy if you deci

Question

Which of the following is most likely true of your business strategy if you decide to open a small local theater?

A) You will need to get the top movies to compete directly with the theater chains

B) You will not be able to succeed due to barriers to entry

C) You will likely look to run independent films or otherwise avoid directly competing with theater chains

D) Barriers to entry will be your best chance of achieving economic success

E) Antitrust laws will probably prevent you from doing so in order to preserve the market status of your competitors

Explanation / Answer

C) You will likely look to run independent films or otherwise avoid directly competing with theater chains.

As in this case there will be no threat from the other existing big players and there will be less direct competition.

If you don't understand anything then comment, I'ill revert back on th same. :)

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