When Countries Sell Off State-Owned Enterprises and Privatize Them, It

question 29

Multiple Choice

When countries sell off state-owned enterprises and privatize them, it usually results in a(n)

• A) lack of accommodation of outside investors.
• B) decline in productivity throughout the private sector.
• C) increase in modernization by new investors.
• D) instant change in political leadership.
• E) continuing drain on future natural resources.

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Definitions:

Human Relations Conditions

The environmental and interpersonal factors that influence the quality and productivity of work life.

Economic Conditions

The state of the economy at a given time, including factors such as inflation, unemployment, and growth rates.

General Environment

The broad external conditions (such as economic, legal, political, technological, and social factors) that affect organizations and their performance but are beyond their direct control.

Unemployment Rate

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.