What are barriers to entry examples?

What are barriers to entry examples? Common barriers to entry include special tax benefits to existing firms, patent protections, strong brand identity, customer loyalty, and high customer switching costs. Other barriers include the need for new companies to obtain licenses or regulatory clearance before operation. What are the common barriers to entry that the entrepreneurs […]

Why is being mindful so hard?

Why is being mindful so hard? The first reason that mindfulness is extremely difficult is because we cannot instruct the mind what not to think. The second reason that mindfulness is extremely difficult is because we get our sense of self and personal identity through our thoughts. Is it possible to live in the present […]

Did Louis XIV have absolute power?

Did Louis XIV have absolute power? After Mazarin’s death in 1661, Louis XIV broke with tradition and astonished his court by declaring that he would rule without a chief minister. He viewed himself as the direct representative of God, endowed with a divine right to wield the absolute power of the monarchy. What made Louis […]

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