Privatization is a term used to describe:
A) firms that are purchased by the government.
B) government operations that are purchased by corporations and other investors.
C) firms that do not use publicly available debt.
D) non-public meetings held by members of interlocking directorates.
Answer: B
Business
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a. bank accounts b. certificates of deposit (CDs) c. artwork d. common stock that is traded regularly
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Which forces typically represent vertical competition in a value chain?
a. Potential entry and substitutes. b. Buyer power and rivalry among existing firms c. Supplier power and potential entry. d. Buyer power and supplier power
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