Since the Collapse of Communism at the End of the 1980s

question 11

Multiple Choice

Since the collapse of communism at the end of the 1980s, the erstwhile communist nations have transformed their economies by globalizing their markets. This involves _____.

• A) regulating markets
• B) privatizing state-owned enterprises
• C) decreasing competition
• D) reducing foreign investment

---

Definitions:

Member Turnover

The rate at which employees leave an organization and are replaced by new personnel over a specific period.

Self-Managed Work Groups

Teams of employees that operate without the direct supervision of managers, often responsible for setting their own goals and managing their own performance.

Complex And Challenging

Tasks or situations that require a high level of mental effort and skill, presenting significant obstacles to overcome.

Complex Tasks

Tasks that involve multiple steps, require a high level of attention and skill, and often need to be solved with creative or non-linear thinking.