Kegg’s Cereals Inc. is a major supplier to almost all grocery store chains. It has most of the valuable shelf space in the cereal aisle. Which of the following is true based on this information?
A. There are few entry barriers.
B. Government regulation of cereals is high.
C. The threat of new entrants is low.
D. Competitors have the larger market share.
E. Customers have high bargaining power.
Ans: C. The threat of new entrants is low.
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