Still faced with fierce competition

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Question

After years of growing your business in the fast-food industry, you are still faced with fierce competition. You want to get out of the industry but are held back by exit barriers. Which of these is an exit barrier that might be holding you back? Your competitors will be able to capture your market share upon your departure Exiting the market will lead to thousands of layoffs Your product will perish and go bad, losing you a lot of money Prices for your product will not have the same price jockeying as before A company will come and substitute you when you leave.

Reference no: EM133672066

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