Nascent Industries Require Adequate Protection from Foreign Competition Because

question 40

Multiple Choice

Nascent industries require adequate protection from foreign competition because:

• A)they experience economies of scale.
• B)they experience diseconomies of scale.
• C)the quality of the products of such industries are comparatively inferior than the products of their foreign competitors.
• D)they do not have adequate resources to undertake research and development.
• E)their initial costs of production are considerably higher than the foreign firms.

Understand the concept of ability and its impact on performance.

Recognize the role of goals in individual performance.

Identify motivation as a key factor in job satisfaction and performance.

Comprehend the strategies organizations should adopt to motivate employees.

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Definitions:

Sensorimotor

Refers to the first stage in Piaget's theory of cognitive development, characterized by infants learning through physical interaction with their environment.

Concrete Operational

A stage in Piaget’s theory of cognitive development where children are able to think logically about concrete events.

Formal Operational

A stage in Jean Piaget's theory of cognitive development during which individuals develop the ability to think abstractly and systematically.

Autonomy

The degree of freedom and independence an individual has in making decisions or performing tasks.