The Argument That It Is Necessary to Protect a New

question 37

Multiple Choice

The argument that it is necessary to protect a new industry to enable it to grow into a mature industry that can compete in world markets is known as the

• A) infant-industry argument.
• B) national youth protection argument.
• C) environmental protection argument.
• D) diversity argument.
• E) national security argument.

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Definitions:

Service Orientation

A business approach that prioritizes customer satisfaction and delivers quality service as a fundamental value and goal.

Societal Marketing Concept

A marketing approach that considers not only the demands of consumers but also the interests of society as a whole by focusing on sustainability and ethical practices.

Social Responsibility

The obligation of companies to act in ways that benefit society at large, beyond their own interests or profit.

Sustainable Development

The practice of meeting present needs without compromising the ability of future generations to meet their own needs, typically focusing on environmental, economic, and social sustainability.