Chris wants to open a family-oriented restaurant in a thriving suburban area. Chris thinks a sports-based theme and broad menu will be attractive to the large number of families in the area. However, national chain restaurants, such as Chili's, TGI Friday's, and Applebee's already draw large followings in the area. The existence of these chain restaurants is a significant:
A. competitive opportunity.
B. monopoly.
C. competitive barrier.
D. opportunity.
E. competitive environment
Answer: C. competitive barrier.