Which of the following events would increase the number of suppliers in a particular market?
A.
Introduction of minimum wage regulations
B.
High and increasing levels of investment required to enter the market
C.
Requirement for all companies to have 10,000 or more employees
D.
De-regulation of a previously government-run industry
The Answer Is:
D
This question includes an explanation.
Explanation:
Detailed Explanation:
De-regulation removes barriers to entry, encouraging new suppliers to enter the market. Other factors, like high investment or stringent requirements, limit supplier participation. Reference: CIPS Level 4, Market Entry and Supply Chain Factors.
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