Historically,government reputation has
A) encouraged new entrants into an industry.
B) constituted a major entry barrier into major industries.
C) neither hampered nor encouraged new entrants into an industry.
D) encouraged the growth of new companies.
E) none of these choices.

Question

Quizplus · Accepted Answer

Government reputation has often constituted a major entry barrier into major industries. This is because a negative or unstable reputation can discourage new entrants from investing in an industry or market, as they may perceive potential risks or uncertainties. On the other hand, a positive and stable government reputation can encourage new entrants and the growth of new companies.

Historically,government Reputation Has