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.Management Sciences
Category: Stabilization, Adjustment, Reform and Privatization
Pathologies endemic to the Soviet bureaucracy included secrecy formalism cumbersome procedures rigidity and the tendency to concentrate on control rather than performance The party controlled The state by using the ____ the power to recommend and approve managers in administration and enterprises, of appointments and promotions to control access to government positions ?
A. Gosplan
B. Gosagroprom
C. nomenklatura system
D. Parastatals
In 1979-80 China first created _____ for foreigners to set up enterprises hire labor and import duty-free goods for processing and re-exporting ?
A. special economic zones
B. liberalized trade monopoly zones
C. Economic Union zones
D. Communist free trade areas
Which of the following statement is NOT true about state owned enterprises (SOEs) ?
A. SOEs perform better with competition
B. Successful performing SOEs in Japan, Singapore and Sweden have greater managerial autonomy and accountability than other SOEs
C. SOEs in South Korea and Sweden generally achieve inferior economic results to those in Ghana
D. Financial autonomy is a major factor contributing to SOEs managerial effectiveness
According to the Brandt report the IMF’s insistence on drastic measures in short time periods ?
I- contributes to low-income countries recovery quickly
II- reduces basis-needs attainment
III- may lead to IMF riots
IV- may lead to the downfall of governments
A. I only
B. II only
C. I and II only
D. I, III and IV only
Which of the following is not a quasi-public good ?
A. national defense
B. an automobile
C. libraries
D. fire protection
The industrial concentration ratio is the proportion of an industry’s output ?
A. produced by the three largest firms in the industry
B. produced in cement, machine tools and steel industries
C. and labor intensities relative to labor productivity
D. as a percentage of production and marketing
Privatization refers to a range of policies including ?
I. changing part of a public enterpris’s ownership to the private sector
II. Liberalization of entry into activities previously restricted to the public sector
III. two infant industries merging into a monopoly
IV. franchising or contracting public services or leasing public assets to the Private sector
A. III only
B. IV only
C. I, II and IV only
D. None of these
State-owned enterprises (SOEs) are also called ?
A. centralized firms
B. government oligopolies
C. market economies
D. public enterprises
Countries such as ________ that failed to adjust to a persistent external disequilibrium were more vulnerable to poverty displacement and even war ?
A. Japan and Korea
B. Brazil and Argentina
C. Algeria and Yugoslavia
D. Singapore and Malaysia
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