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According to Robert Merton, one of the institutionalized means for achieving the cultural goal of economic success is to:
Government-operated Firm
is a business entity controlled or owned by the government to provide goods or services to the public.
Residual Claimants
Individuals or entities that have a claim on the remaining assets of a company after all liabilities have been satisfied, typically the shareholders.
State University
A publicly funded university that is primarily supported by a state government.
Barrier to Entry
Factors that prevent or hinder companies from entering into a specific market or industry.
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