Which of the Following Is Not an Example of a Government-Imposed

question 21

Multiple Choice

Which of the following is not an example of a government-imposed entry barrier?

• A)Patents
• B)Occupational licensing
• C)Barriers to international trade
• D)Antitrust legislation

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Definitions:

Centralization

The process of concentrating control and decision-making authority within a centralized group or location, often at the top levels of organizational hierarchy.

Supervision

The act of overseeing or managing others' work to ensure it meets required standards and objectives.

Mutual Adjustment

The continuous process of negotiation and compromise between parties to adapt to each other's needs or changes in the environment.

Organizational Structure

The system of roles, responsibilities, and authority within an organization that defines how activities such as task allocation, coordination, and supervision are directed toward achieving organizational goals.