When a Company or Industry Is Subsidized Because It Is

question 12

Multiple Choice

When a company or industry is subsidized because it is not profitable,a secondary effect of the subsidies will likely be that

• A)jobs will be saved,so the subsidies will promote economic efficiency.
• B)resources that are used unproductively will remain in low productivity areas.
• C)the company or industry will stabilize and become profitable.
• D)the subsidies will direct resources toward highly productive projects.

---

Definitions:

Hoarding Of Expertise

The practice of individuals or groups within an organization deliberately keeping knowledge or skills to themselves to maintain a competitive advantage.

Knowledge Transfer

The process of sharing or disseminating knowledge from one part of an organization to another, or from one organization to another.

Personal Control

An individual's belief in their ability to influence events and their outcomes, often related to personal responsibility and autonomy.

Output Measures

Metrics or indicators used to assess the performance, productivity, or quality of a product or process.