In the Republic of Lantharia,the State-Owned Telephone Company Enjoys a Monopoly.The

question 118

Multiple Choice

In the Republic of Lantharia,the state-owned telephone company enjoys a monopoly.The government of Lantharia Republic wants to maximize the operating efficiency of this company by privatizing it.Which of the following is most likely to help the government succeed in this endeavor?

• A)imposing high corporate taxes on the company immediately after its privatization
• B)increasing barriers to foreign direct investment
• C)intervening in the company's operations by exercising price controls
• D)splitting the company into independent units to compete with each other
• E)prohibiting foreign companies from entering into the field of telecommunication in the Republic of Lantharia

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Definitions:

Privately Resolved

Issues or disputes that are settled out of public view, often through mediation, negotiation, or arbitration, without formal legal proceedings.

Employee Voice

The ability of workers to express their opinions, concerns, and suggestions for improvement within their workplace.

Majority

Majority refers to more than half of a particular group or the greater part of a total number, often used to describe the requirement for decision-making in democratic processes.

Collective Bargaining

The process where union representatives negotiate with employers on behalf of employees to establish wages, working conditions, and other employment terms.