According to the five forces model, an attractive industry would have all of the following characteristics EXCEPT: Group of answer choices

1. low barriers to entry.
2. suppliers and buyers with little bargaining power.
3. a moderate degree of rivalry among competitors.
4. few good product substitutes.

low barriers to entry                          

Explanation:

Entry barriers can be defined as an economic term used to describe the presence of higher start up costs or any other barriers that actually prevent entrants in entering a market or business region quickly. Restrictions to admission favor established businesses as they safeguard their income and earnings.

Common entry barriers involve specific tax advantages for existing companies, patents, strong brand identity or customer loyalty and high cost of customer switching. Others include the need to obtain proper licences or regulatory approval prior to activity by new companies.

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