Industry privatization - Study guides, Class notes & Summaries
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BUSI 3250 Exam 2
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BUSI 3250 Exam 2 
 
Nationalization is also called - Expropriation 
 
the taking of private property by a government to make it public - Nationalization 
 
US Government took over ownership of what company during crisis of ? - GM 
 
the selling of government owned property to the private sector to gain more efficiency in 
business operations, to raise money or to change in political climate/philosophy - 
Privatization (why governments sell businesses) 
 
Protect the economic activities of citize...
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BUSI 3250 Exam 2 | Questions with 100% Correct Answers | Latest Update 2024 | Verified
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BUSI 3250 Exam 2 | Questions with 100% Correct Answers | Latest Update 2024 | Verified 
 
Nationalization is also called - Expropriation 
the taking of private property by a government to make it public - Nationalization 
US Government took over ownership of what company during crisis of ? - GM 
the selling of government owned property to the private sector to gain more efficiency in 
business operations, to raise money or to change in political climate/philosophy - 
Privatization (why governmen...
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WGU Global Business D080
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WGU Global Business D080 
Cost 
Economies of scale and scope. Exploiting cost of factors of production 
 
 
Competition 
New Markets and increased levels of trade 
 
 
Government 
Favorable policies and support for industry 
 
 
Subsidies 
A sum of money granted by the government to assist an industry or business 
 
 
Patents 
Protects inventions and improvements to existing inventions for a limited period of time in exchange for detailed public disclosure of those inventions 
 
 
Copyrights 
A ...
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BUSI 3250 Test 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+ BUSI 3250 Test 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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nationalization 
: Changing something from private to state ownership or control, why 
governments get involved (ex. USPS) 
Privatization 
: To change from government or public ownership or control to private 
ownership or control, why governments sell businesses 
Four Areas of Increasing Concern to Governments 
: - terrorism 
- kidnapping 
- piracy 
- cybercrime 
Country Risk Assessment 
2 | P a g e 
: An assessment of a country's economic situation and politics to determine how 
much risk ...
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BUS 200 MIDTERM || 100% CORRECT ANSWERS.
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Factors of production correct answers Labour, capital, entrepreneurs, natural resources & information 
 
Command economy correct answers Relies on centralized get to control all or most factors of production 
 
Market economy correct answers Individuals- producers and consumers- make decisions about production and allocation through supply and demand 
 
Two most basic types of command economies correct answers Communism & socialism 
 
Input market correct answers Firms buy resources from househo...
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WGU D080 Global Business Final Exam Questions With Answers | Graded A+ 2023/2024
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WGU D080 Global Business Final Exam Questions With Answers | Graded A+ 2023/2024. Market economy, goods and services are owned by individuals or companies that can 
buy, sell, or lease them to make a profit with minimum interference by the government - 
ANSWERCommunism - ANSWER-A system in which all property is publicly owned and the 
government controls global trade 
Capitalism - ANSWER-A system in which the means of production is controlled by 
private owners who can choose to participate in g...
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IB Global Politics - Development (3) Test Exam Latest and Verified
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IB Global Politics - Development (3) Test 
Exam Latest and Verified 
development - CORRECT ANSWER-- a universal basic aim for individuals as the 
continuous rise of living standards and the wellbeing of a social organization 
- largely shaped around how countries can "catch up" to their wealthy counterparts 
- the creation of a stable and prosperous society with a universal respect for human 
rights; peace and security 
Modernization Theory (1960s) - CORRECT ANSWER-- Rostow's plan to move ...
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Social Studies 10-1: Unit 3 - Economic Globalization Already Passed
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Social Studies 10-1: Unit 3 - Economic 
 
Globalization Already Passed 
 
Nationalize The taking over of ownership by a government from private businesses 
 
Common Market An agreement between or among countries that includes the free trade of 
goods and services and the free movement of capital and labour within the trading bloc 
 
International Bank for Reconstruction and Development (IBRD) An institution of the World 
Bank that helps low & middle income countries re-develop 
 
International D...
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BUSI 3250 Test 2 100% Correct Solved
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BUSI 3250 Test 2 100% Correct Solved 
nationalization - Correct Answer ️️ -Changing something from private to state 
ownership or control, why governments get involved (ex. USPS) 
Privatization - Correct Answer ️️ -To change from government or public ownership or 
control to private ownership or control, why governments sell businesses 
Four Areas of Increasing Concern to Governments - Correct Answer ️️ -- terrorism 
- kidnapping 
- piracy 
- cybercrime 
Country Risk Assessment - Cor...
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BUSI 3250 Exam 2 Questions | 100% Correct Answers | Verified | Latest 2024 Version
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Nationalization is also called - Expropriation 
the taking of private property by a government to make it public - Nationalization 
US Government took over ownership of what company during crisis of ? - GM 
the selling of government owned property to the private sector to gain more efficiency in business 
operations, to raise money or to change in political climate/philosophy - Privatization (why 
governments sell businesses) 
Protect the economic activities of citizens. Unfair competition is mi...
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