Which of the Following Reasons Might Serve as a Barrier

question 15

Multiple Choice

Which of the following reasons might serve as a barrier to entry within the hospital services industry?

• A) Scale economies
• B) Standardized products
• C) Certificate of need
• D) Both a and c
• E) All of the above

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Definitions:

Department of Labor

A cabinet-level department of the U.S. federal government responsible for occupational safety, wage standards, unemployment insurance benefits, re-employment services, and some economic statistics.

Internal Union Politics

The dynamics and processes related to decision-making, governance, and leadership within labor unions.

Common Law

A legal system based on custom, court rulings, and precedents rather than codified laws.

Permanently Replaced Strikers

Workers who go on strike and are then permanently replaced by the employer, a situation possible under certain labor laws, notably in the United States.