One Characteristic of Share Privatizations Is

question 33

Multiple Choice

One characteristic of share privatizations is

• A) that they are generally much larger than the IPOs of their private-sector counterparts.
• B) that they are generally much smaller than the IPOs of their private-sector counterparts.
• C) that the decision to privatize is made solely on economic grounds.
• D) none of the above.

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Definitions:

Organizational Empowerment

Describes the process and practices that allow members within an organization to gain the authority, resources, and confidence to take initiative and make decisions to achieve organizational goals.

Top-down Approach

A management strategy where decisions and policies are initiated at the highest level of hierarchy and subsequently communicated down to lower-level employees.

Career Anchors

The fundamental values and goals that guide an individual's career choices and paths.

Psychological Contract

An unwritten agreement between an employer and an employee detailing mutual expectations regarding job responsibilities and benefits.