How Has Organizing a Successful Firm in a Market Economy

question 31

Multiple Choice

How has organizing a successful firm in a market economy changed over the last century?

• A)It has become easier as more and more firms discover how to do it.
• B)As government intervention has decreased, firms now have more freedom.
• C)There has been no change one way or the other over the last century.
• D)It has become more difficult to organize an efficient and successful firm.

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Definitions:

High Levels

A term used to describe situations, measurements, or quantities that are significantly above average or normal range.

Manage Diversity

The practice of recognizing, embracing, and leveraging differences within a group or organization to foster an inclusive environment and achieve better outcomes.

Highlighting Strength

The practice of emphasizing and showcasing the strong points or advantages of a product, service, or individual to differentiate them from competitors.

Identifying Resource

The process of recognizing and locating resources that can be utilized for a specific purpose or project.