As It Relates to Reform in Former Soviet Countries, Privatization

question 121

Multiple Choice

As it relates to reform in former Soviet countries, privatization means:

• A) selling publicly owned property to private buyers.
• B) demonopolization of state industry.
• C) price liberalization.
• D) controlling the private section.

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Definitions:

Large Organisations

Entities that operate on a vast scale, often with extensive human and capital resources, complex structures, and wide geographical reach.

Contingency Factors

Variables or conditions that influence the effectiveness of management strategies and affect organizational performance.

Organisational Design

The process of shaping an organization's structure, roles, and processes to effectively achieve its goals and adapt to environmental changes.

Technology

Technology encompasses the tools, systems, and processes that are created and used to solve problems or improve efficiency, ranging from simple implements to complex machinery and information systems.