Export-Oriented,labor-Intensive,"footloose" Industries Should

question 14

Multiple Choice

Export-oriented,labor-intensive,"footloose" industries should:

• A) never be offered tax holidays.
• B) at times be offered tax holidays because they can be more readily influenced by such incentives, as their options are wider than other industries.
• C) at times be offered tax holidays because they are more likely to provide positive spillover.
• D) both B and C

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Definitions:

Transformational Change

A profound or radical change that fundamentally alters the culture, core values, and operations of an organization, often leading to a shift in its business direction.

Bottom-up Change

A change initiative that starts at the lower levels of an organization and seeks approval or acceptance from higher levels.

Incremental Change

Gradual, step-by-step modifications made in processes, practices, or policies within an organization to improve or adapt.

Frame-bending Change

A transformational approach that significantly alters the existing norms, structures, or practices within an organization.