What Is the Difference Between Privatization and Profitization

question 15

Essay

What is the difference between privatization and profitization?

Critically evaluate the challenges to Rawls's assumption about talents and abilities in the original position.

Comprehend the abstract nature of Rawls's model of justice and its application to societal structures.

Assess the role of government and public institutions in promoting ethical society and addressing inequalities.

Understand the application of Rawls's model to social justice, criminal justice, and social institutions.

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Definitions:

Process Chart

Graphic representation that depicts a sequence of steps for a process.

Time Axis

The graphical representation of time in charts or graphs, often serving as the horizontal axis to plot time-dependent data.

Service Blueprinting

A process analysis technique that lends itself to a focus on the customer and the provider’s interaction with the customer.

Process-focused Facilities

Operations facilities organized around specific activities or processes, optimizing the production of a small variety of similar products.