When Market Liberalization Is Delayed,_____

question 9

Multiple Choice

When market liberalization is delayed,_____.

• A) first movers possess a significant advantage over later entrants.
• B) first movers possess clear, significant advantages in transitional markets.
• C) later entrants possess a significant advantage over first movers.
• D) substantial risks to premature entry are removed.

---

Definitions:

Behavioral Observation Scale

A method used in performance appraisal that involves rating the frequency of observed behavior.

Rating Scale

A method for assigning a value to a person's performance or characteristics, often in the form of a numbered or descriptive scale.

Alternation Ranking

A method of evaluating employees where individuals are compared and ranked alternately in terms of best and worst performance.

Performance Measurement

Performance measurement involves the evaluation of the effectiveness and efficiency of an individual, group, or organization's work activities and results.