L4M6 practice question 4 of 30

[Relationship approaches and the sourcing process] A restricted market is a market where there are only a small number of capable and competent suppliers. Which of the following is not a reason for a marketplace to be restricted?

Full set: 226 questions
Answer options
A: Low levels of profitability
B: High barriers to entry
C: Strong governmental regulation
D: The product is easy to source elsewhere Correct answer
Correct Answer:
D. The product is easy to source elsewhere
Scroll to Top