Privatization

question 11

Multiple Choice

Privatization

• A)has spurred a tremendous increase in cross-border investment.
• B)has allowed many governments to have the funds to nationalize important industries.
• C)has guaranteed that new ownership will be limited to the local citizens.
• D)has generally decreased the efficiency of the enterprise.

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Definitions:

Marketers

Professionals or organizations that engage in activities designed to identify, anticipate, and satisfy customer needs profitably.

Transactional Cost

The expenses incurred during a trade or deal, including costs of information, negotiation, and enforcement of contracts.

Special Occasion

Events or dates that hold particular significance and often call for celebration or recognition, which can influence consumer behavior.

Personal Needs

Fundamental requirements or desires that individuals seek to fulfill, such as food, safety, or love, which can significantly influence consumer behavior.