Common Exit Barriers Include All the Following EXCEPT

question 61

Multiple Choice

Common exit barriers include all the following EXCEPT:

• A) investments in assets such as specific machines, equipment, or operating facilities that are of little or no value in alternative uses.
• B) emotional attachments to an industry.
• C) high fixed costs associated with leaving an industry.
• D) bankruptcy regulations that keep unprofitable assets in the industry.
• E) economic independence because a company is able to rely on a single industry for its entire revenue and all profits.

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Definitions:

World Trade Organization

An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

International Labor Organization

A United Nations agency that sets international labor standards and promotes rights at work.

Transnational Labor Collaboration

A form of cooperation between labor unions or workers across different countries aimed at addressing and improving working conditions and labor rights on an international scale.

Unionization

The process by which workers come together to form a union in order to collectively bargain with their employer regarding wages, working conditions, and other employment matters.