A lead-in statement or brief discussion should be included here, before discussing the entry barriers and threat of new entrants. Identify and discuss significant entry barriers that are applicable to your industr Remember: all barriers may not apply to your industry - please ensure to delet those that don't apply). You MUST consider and evaluate applicable barriers identified in Chapter 3 of the textbook and handouts. Make sure you discuss whether a specific barrier makes the "entry barriers" high or low, and why. You need to identify and discuss each applicable barrier under its own paragraph or subsection. For example, Economies of scale: Cost disadvantages from other than scale Product differentiation (strong brand preferences) Capital requirements Switching cost Access to distribution channels Etc