Questions what is the main features of the socialist economy?


Demonopolizing the economy and creating a competitive environment? Key words



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Final exam questions and answers

Demonopolizing the economy and creating a competitive environment? Key words: equal opportunities, foreign competitors, pricing Demonopolization means to break up an existing monopoly. It is often used in the context of breaking up a government-run monopoly.



  1. Implementing institutional change?

Key words: property relations, market infrastructure, state regulation

Following Bill Halal's model,[1] institutional change is defined as change in an entire class or organizations. Institutional change, at its deepest level, refers to changes in the ideas that govern institutions. [1]As these ideas change, rules and practices shift as well.

When implementing organizational change we are by definition helping the organization to “become different” in some way. ... As a result, we often spend an incredible amount time planning and sharing “what we and others will do” to support the change

The importance of change in business environments allows employees to learn new skills, explore new opportunities and exercise their creativity in ways that ultimately benefit the organization through new ideas and increased commitment, according to Business Partner Magazine.




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