A Country Has a Strong Private Sector,along with Publicly-Owned Enterprises

question 10

Multiple Choice

A country has a strong private sector,along with publicly-owned enterprises.Entrepreneurs and private-sector investors are entitled to profits after paying taxes,and even state-owned enterprises are expected to generate returns.What type of economic system does this country have?

• A)Mixed economy
• B)Communism
• C)Socialism
• D)Self-managed economy

---

Definitions:

Product Competitor

A company or brand that offers similar products or services within the same market, competing for the same customers.

Noncustomers

Individuals or entities that are potential but current non-consumers of a company's products or services.

5W Model

A framework used in various fields to analyze situations or make decisions, asking critical questions: Who, What, Where, When, Why (and How).

Situation Analysis

The process of collecting and evaluating information about an organization's environment to identify strengths, weaknesses, opportunities, and threats.