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andrew-mc [135]
3 years ago
6

Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. incr

ease the government’s role by purchasing private companies. c. reduce government costs by relocating government programs to private groups or corporations. d. reduce big government by doing without some of the programs it once provided.
Business
1 answer:
kumpel [21]3 years ago
6 0

Answer:

c. reduce government costs by relocating government programs to private groups or corporations.

Explanation:

Privatisation is reducing the share of government ownership & increasing the share of private ownership.

It can be done in two ways : Disinvestment of Public Sector Units (PSUs)  Equity , Transfer of PSU (s) ownership & management to private sector.

Privatisation by either of the two ways reduces the financial burden on government, by liberating them from management of public sector or state owned enterprises. This public private reallocation, hence reduces government costs or expenditure -  by assigning programs unnecessary to be done by public sector - to private groups or corporations.

Eg : When Indian Economy underwent New Economic Policy [Liberalisation, Privatisation, Globalisation] in 1991, it reduced government reserved sectors from 18 to only crucial 3 - Railways, Defence etc.

You might be interested in
A global business is organized into four groups: Manufacturing, Research and Development, Finance, and Sales. This company uses
egoroff_w [7]

Answer:

Functional structure.

Explanation:

  • A global business is n organized set of activities that are performed by the specific set of the department and it comprises of the different groups such as the manufacturing, research and the development and the finance and sales. All these forms a set of the functional activities that are performed b the various departments.
5 0
3 years ago
The Tobler Company had budgeted production for the year as follows:
solong [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The Tobler Company had budgeted production for the year as follows:

Quarter 1 2 3 4

Production in units 10,000 9,000 13,000 11,000

4 pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 7,000 lbs. The raw materials inventory at the end of each quarter should equal 9% of the next quarter's production needs in materials.

Direct material 2nd quarter:

Production= 9,000*4= 36,000lbs

Ending inventory= (13,000*0.09)*4= 4,680lbs

Beginning inventory= (9,000*0.09)*4= 3,240lbs (-)

Total= 37,440 lbs

4 0
3 years ago
Skrugetech Inc. designs its jobs in such a way that each job profile has a number of tasks associated with it. The employees are
DiKsa [7]

Answer: (C) Job enrichment

Explanation:

 The job enrichment is one of the type of method that is used for motivating the employees in an organization for specific job and the various types of challenging tasks.

The main aim of the job enrichment is that it helps in creating the various types of opportunities for the recognition the skills and also the professional growth in an organization.

It also provide the various types of self management to the employees in their specific tasks or duties. According to the question, the Skrugetech Inc. is using the job enrichment for designing the jobs profiles in an organization.

 Therefore, Option (C) is correct answer.      

8 0
3 years ago
Ellen is a manager who helps develop sales promotions, targets customers for upselling, and searches for potential new customers
Vinvika [58]

Answer:

Letter B is correct. <u><em>Sales budget.</em></u>

Explanation:

The sales budget is characterized by a company's sales expectations for a given budget period.

Organizations typically present the sales budget in monthly or quarterly format, with relevant information coming from a variety of sources. The calculation is made according to the number of units sold in the first line, the expected average price in the second line and the total sales in the third line. It is important to remember that when there are marketing promotions there may be a unit price adjustment that must be specified in the sales budget.

So a well-crafted sales budget ensures the quality of offering the right price on the right product and quantity at the right time and place. For this is one of the essential steps for control and success of an organization, as it relates to the marketability of purchasing consumer goods and services.

4 0
4 years ago
You are considering the purchase of a condominium to use as a rental property. You estimate that you can rent the condominium fo
Nastasia [14]

Answer:

It can take a mortgage up to 90,819 dollars

Explanation:

1,300 per month

-300 maintenance and other cost

1,000 per month

What is the PV of an annuity of 1,000 dollars

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1000        (proceeds from the rent)

time  240         (20 year x 12 month per year)

rate 0.01          ( 12% / 12 months = 1%)

1000 \times \frac{1-(1+0.01)^{-240} }{0.01} = PV\\

PV $90,819.4163

It can take a mortgage up to 90,819 dollars

3 0
4 years ago
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