In the 1990s, What Was the Effect of Large Industrial

question 7

Multiple Choice

In the 1990s, what was the effect of large industrial conglomerates and unregulated banks on the South Korean economy?

• A)They stifled competition.
• B)They encouraged competition.
• C)They prevented recession.
• D)They made recession more likely.
• E)They opened up to competitive subversion.

---

Definitions:

Flattening Structures

The process of reducing levels of hierarchy within an organization or system, leading to a more horizontal organizational structure.

Norms Of Solidarity

Guidelines that promote social cohesion and mutual aid among members of a society or group, facilitating cooperation and unity.

Social Category

A classification of people based on shared characteristics, without necessarily implying social interaction among the members of the category.

Organizational Environment

The external and internal factors that influence the operations, culture, and success of an organization.