Examlex

Solved

________-Which Involves Inviting Input from Groups of People Inside or Outside

question 2

Multiple Choice

________-which involves inviting input from groups of people inside or outside the organization-gives companies access to a much wider range of ideas,solutions to problems,and insights into market trends.


Definitions:

Command Economy

A system of economy in which all determinations about the generation and distribution of products and services are made by the state or central authority.

Markets

Places or systems where buyers and sellers interact to trade goods, services, or resources.

Free Enterprise

An economic system where private individuals rather than the government have the right to own property and conduct businesses, subject to minimal regulatory constraints.

Laissez-Faire

A belief system in economics that supports capitalism with minimal to no government interference.

Related Questions