Question: Please answer this multiple - choice question with the BEST CORRECT ANSWER. The existence of high exit barriers such as ownership of specialized and expensive

Please answer this multiple-choice question with the BEST CORRECT ANSWER.
The existence of high exit barriers such as ownership of specialized and expensive facilities such as industrial robotics and computerized control systems for automakers (e.g., GM, Ford, Stellantis) indicates that
Question 3Select one:
a.
Increased switching costs for buyers will weaken the bargaining power of automakers (e.g., GM, Ford, Stellantis) over car buyers.
b.
competitive rivalry in the industry will be severe, because the specialized and expensive facility can make it harder for the automakers to find a potential buyer who will acquire the facility when they want to get out of the business.
c.
Adoption of a specialized and expensive facility provided by the 3rd party supplier (e.g., FANUC, industrial robotics maker) will make a car-manufacturing process more standardized in the industry, thus enabling the adopters to implement differentiation strategy.
d.
The high fixed costs of a specialized and expensive facility enable the automakers to achieve a break-even point quickly through economies of scale.
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