Question: 1. Describe the possible barriers to entry and exit for (a) a group of nurse practitioners who practice in primary care wanting to establish their own independent office to care for patients with primary care medical needs, (b) a pharmaceutical company considering offering a new drug for the treatment of renal disease, and (c) and entrepreneur waiting to establish a mobile-based physician consult service for minor medical problems.
2. What environmental factors would you suggest account for (a) in-company clinics that deal with the employee medical problems such as the one established by Toyota (from the text), and (b) the success of after-hours clinics and urgent -care facilities in many metropolitan areas?