Each of These Is a Basic Characteristic of a Capitalist

question 70

Multiple Choice

Each of these is a basic characteristic of a capitalist economy,except

• A)the institution of private property.
• B)central planning.
• C)laissez-faire.
• D)individuals acting in their own self-interest.

Recognize examples of successful change management initiatives.

Identify different forms of resistance to change, including passive and active resistance.

Grasp the concepts of tuning, kaizen, and preventive maintenance as forms of continuous improvement.

Acknowledge the common fears and reactions employees have toward change.

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Definitions:

Modernization Theory

A theory that explains the process of transition from traditional or underdeveloped societies to modern societies.

Economic Development

The way in which a nation boosts the economic, political, and social standards of its citizens.

World Systems Theory

An analytical framework that suggests there is a world economic system in which some countries benefit while others are exploited, essentially dividing the world into core, semi-periphery, and periphery countries.

Malnutrition

A condition resulting from a diet lacking in proper nutrients or the inability to absorb or utilize these nutrients.