Because It Has Not Been Around Long Enough to Establish

question 109

Multiple Choice

Because it has not been around long enough to establish itself, the Russian automobile industry could be classified as a(n)

• A) hopeless industry.
• B) soft industry.
• C) infant industry.
• D) protected industry.
• E) toddler industry.

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Definitions:

Organizational Objectives

Specific goals a business or entity aims to achieve within a set timeframe.

Services

Activities or functions that are offered either to meet the needs of customers or to support the operations of an organization, such as IT support, catering, and cleaning.

Minimum-Wage Acts

Laws that establish the lowest hourly wage that can legally be paid to workers.

Remuneration

Compensation or payment received for employment or services provided, including salary, wages, bonuses, and benefits.