A Consequence of a Publicly Owned Natural Monopoly Is

question 7

Multiple Choice

A consequence of a publicly owned natural monopoly is:

• A) the loss of the profit motive.
• B) an increase in the motivation to improve efficiency.
• C) increased public pressure to reduce costs.
• D) reduced chance to remain open longer than political terms of office.

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Definitions:

Formal Employee Recognition Program

A structured system designed by organizations to acknowledge and reward employees’ contributions and achievements.

Peer Recognition Programs

Formal programs in which employees can publicly acknowledge, recognize, and reward their co-workers for exceptional work and performance.

Behaviour Modelling Training

A method of training that involves observing and replicating the behaviors of others in order to learn new skills or behaviors.

Strategic Priority

A focus or activity that an organization identifies as most important to achieve its long-term goals.