Examlex
All of the following are characteristics of value chain management except ________.
Deregulation
The process of removing or reducing government regulations and restrictions in an industry, typically with the intention of improving competition and innovation.
Subsidization
The provision of financial assistance by a government or other entity to support or promote a specific industry, commodity, or activity.
Commodification
The process of treating goods, services, ideas, or people as commodities, thus making them subject to trade in a market.
Nationalization
The process by which a government takes control of a previously private sector business or industry.
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