Explain the concept of mixed market economies and how they support pure planned and pure market economies
What will be an ideal response?
Answer: In reality, there are really no "pure" planned or "pure" market economies. Most countries rely on some form of mixed market economy that features characteristics of both planned and market economies. Even a market economy that strives to be as free and open as possible, such as the U.S. economy, restricts certain activities. Some products can't be sold legally, others can be sold only to people of a certain age, advertising must be truthful, and so forth. The People's Republic of China, the world's most important planned economy, is increasingly allowing private ownership and entrepreneurship (although with government oversight). When a government is making a change from a planned economy to a market economy, it usually begins to adopt market mechanisms through privatization, the process of converting government enterprises into privately owned companies.
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______ listeners commonly relate what they are listening to their own views.
A. Time-oriented B. Action-oriented C. People-oriented D. Content-oriented
Claudia is active in decision-making and kept informed of her organization’s vision and direction. She feels engaged and committed to her company because she is treated like a colleague. She often partakes in the annual retreat for the high producing talent in her company. Claudia is part of which type of organizational culture?
A. ethical B. networked C. positive organizational D. communal
Which of the following is an organ of the World Trade Organization?
A. Council for Trade in Services B. International Monetary Fund C. World Bank D. Nuclear Suppliers Group
To be in compliance with the ADA, business owners must make their premises accessible to the disabled by providing reasonable accommodations. Explain the difference between reasonable accommodations and placing an undue hardship on businesses. What are the penalties for businesses that fail to comply with ADA requirements?
What will be an ideal response?