A City Offers a Subsidy to Encourage a Company to Build

question 1

Multiple Choice

A city offers a subsidy to encourage a company to build a new plant within its city limits.The subsidy represents an example of

• A)paper entrepreneurialism.
• B)a hollow corporation.
• C)externalization.
• D)outsourcing.
• E)a two-tier wage structure.

---

Definitions:

Problem Solving

The act or process of identifying a challenge or obstacle and finding solutions or methods to overcome it.

Envision

The act of imagining or anticipating something that has not yet occurred.

Risky Decision Making

The process of making choices under conditions of uncertainty, often involving potential negative outcomes.

Conditions of Uncertainty

Conditions of uncertainty are situations in which there is a lack of sureness about what might happen, often making decision-making difficult.