Which of the Following Is the Main Goal of Privatization

question 101

Multiple Choice

Which of the following is the main goal of privatization?

• A)Reduce responsibility and accountability
• B)Increase economic efficiency
• C)Increase subsidies to companies
• D)Slow economic growth

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Definitions:

Compromise

A conflict management style that combines intermediate levels of assertiveness and cooperation.

Power Differences

The disparities in authority, control, and influence among individuals or groups within organizations or societies.

Scarce Resources

Essential inputs used in the production of goods and services that are limited in availability, necessitating effective management and allocation.

Bargaining Skills

Abilities used to negotiate favorable terms during discussions, often involving compromise to reach a mutually acceptable agreement.