According to the Infant-Industry Argument, Protection Should Be Withdrawn from an Infant

question 58

Multiple Choice

According to the infant-industry argument, protection should be withdrawn from an infant industry when the companies in the industry

• A) are listed on the domestic stock exchange.
• B) become profitable.
• C) double their sales revenues.
• D) reach a sufficient size to compete with foreign firms.

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Definitions:

Organizational Change

The process through which a company or organization undergoes transformation, involving major shifts in processes, culture, or strategy.

William Bridges

An author and consultant who developed a model of transition that focuses on the internal psychological process of adapting to new situations.

Continuity of Existence

The concept that an entity, idea, or system persists over time, maintaining its core identity or operations despite changes.

Workplace Change

Refers to the modifications and adjustments in organizational structure, culture, or operations to adapt to new conditions.