Newly privatized entities often have little incentive to restructure their operations to become more efficient when
a) they are faced with intense foreign competition
b) they continue to receive subsidies from the state
c) foreign investments is permitted by the state
d) prices are set by the forces of demand and supply
Ans: b) they continue to receive subsidies from the state
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Which of the following best describes collaboration?
A) It is the ability of an individual to model the components of the system, to connect the inputs and outputs among those components into a sensible whole that reflects the structure and dynamics of the phenomenon observed. B) It is the ability to assess, evaluate, and apply emerging information technology to business. C) It is the activity of two or more people working together to achieve a common goal, result, or work product. D) It is the activity of constructing or modifying models with the help of one's nonroutine cognitive skills.
The cost of materials entering directly into the manufacturing process is classified as factory overhead cost
Indicate whether the statement is true or false