_____ Is the Process of Removing or Substantially Reducing the Body

question 59

Multiple Choice

_____ is the process of removing or substantially reducing the body of control covering an industry.

• A) Liberalization
• B) Privatization
• C) Globalization
• D) Deregulation

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Definitions:

Conscientious

Characterized by the desire to do one’s work or duty well and thoroughly.

Centralized Control

An organizational structure where decision-making authority is concentrated at the top levels of management.

Labor Relations

Field that emphasizes skills that managers and union leaders can use to minimize costly forms of conflict (such as strikes) and seek win-win solutions to disagreements.

U.S. Organizations

Entities or groups that are established and operate within the United States, following specific legal and cultural norms of the country.