The government of the South Asian nation of Albana is unable to maintain the electronics business effectively because of slack in management and lack of skilled employees. It sells the business to a company called Ramington Electricals. The company has no association with the government, and it operates on its own terms. The sale of the government-owned electronics business to Ramington Electricals is an example of _____.
A. privatization
B. globalization
C. a joint venture
D. a coalition
Answer: A
You might also like to view...
The business reporting process comprises all of the following except:
a. preparing general purpose external financial statements b. generating ad hoc and predetermined business reports for management c. ensuring that the external financial statements adhere to GAAP d. fueling the financial reporting, business reporting, and other reporting subsystems by providing the information needed to prepare external and internal reports
The basis of the Stapel scale format is numerical rather than verbal or visual
Indicate whether the statement is true or false
Followers who avoid out-group membership would ______.
a. be able to take their relationship with the leader for granted b. be able to come and go as they please because they have proven themselves c. would not avoid additional responsibilities d. would show loyalty to their leader even if the leader was engaging in unethical behavior to prove themselves to their leader
A device that alters behavior if the control system indicates a need to do so is referred to as ____________________
Fill in the blank(s) with correct word