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Romashka-Z-Leto [24]
3 years ago
13

An accurate description of privatization is that Multiple Choice it started in China in the early 1980s. it involves replacing a

state-owned monopoly with a private monopoly. it is most successful whencountries adopt communism. when newly privatized firms are protected from foreign competition, they have little incentive to restructure their operations to become more efficient. in today's context, a country runs the risk of experiencing a serious economic crisis if it liberalizes and privatizes state-owned enterprises.
Business
1 answer:
stiv31 [10]3 years ago
6 0

Answer: When newly privatized firms are protected from foreign competition, they have little incentive to restructure their operations to become more efficient.

Explanation:

Privatization of state owned companies refers to the process of making them private firms that are owned by other parties apart from the Government.

This is usually done to the improve efficiency of the company as state owned firms can be inefficient resulting from being a monopoly.

If firms that are newly privatized are protected from foreign competition, the company would just become a private monopoly so they will not have any incentive to restructure their operations to become more efficient thereby defeating the whole point of making them efficient in the first place.

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3. An airline company operates a plane between ATL and DC. This plane has 120 seats for economy class with two price tiers: low
Vitek1552 [10]

Answer: 20 seats

Explanation:

The optimal number of business travellers will be the mean of Poisson distribution i.e 20, since the number of business travellers follows Poisson distribution. Which means that the probability that there will be 20 business travellers will be higher than all other numbers.

Therefore 20 seats must be assigned to business travellers to maximize the revenue.

5 0
3 years ago
The weekly payroll of Wolverine Corporation is $3,000. Employees work five days per week, Monday through Friday. December 31, 20
ruslelena [56]

Answer:

The answer is: D) Accounts:

                             Salaries Expense: Debit = 1,200

                             Salaries Payable : Credit = 1,200

Explanation:

Salaries expense is a type of expense account (all expense accounts are temporary accounts). When expenses are recorded, they should be debited.

  • Debit record

        Salaries expense 1,200

Salaries payable is a liability account. When liabilities increase, they should be credited.

  • Credit  record

        Salaries payable 1,200

6 0
3 years ago
"An online service allows users" to integrate their phonebook with their social media profiles and stores it on the cloud. The p
lara [203]

Answer:

software as a service (SaaS)

Explanation:

Software as a service -

It is the model of software distribution , where the third - party provider hosts the applications and provide them to the customer on the internet .

It is the one of the main categories of the cloud computing .

It is similar to application  service provider , even the host is similar to that of the ASP .

In this model , the provider gives a network based access to the customer .

4 0
3 years ago
A positive problem may be viewed as a(n
elena-14-01-66 [18.8K]

Answer:

opportunity

Explanation:

hope this helps!

6 0
3 years ago
Scott+stratton+recently+purchased+a+car+for+$22,500.+it+will+depreciate+at+a+rate+of+7%+per+year.+what+will+his+car+be+worth+in+
ICE Princess25 [194]

The cost of the car after 5 years from then, will be $15652.99.

Given here, the depreciation every year(r) 7%  or 0.07per year, asset cost (of the car) is $22,500 and time period (n) is 5 years.

The value after 5 years can be calculated as,

Depreciated value = asset cost ×(1-r) n

= 22500 × (1-0.07) 5

= 15652.99$.

Thus, the car worths 15652.99$ after 5 years.

The worth of an asset after its useful life is expired, as it is diminished over time by depreciation, is its depreciated cost. The asset’s worth is continuously diminished by figuring out how much it will cost to depreciate it, but the depreciated cost technique always permits accounting records to represent an item at its current value.

Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life.

To learn more about Depreciation, refer this link.

brainly.com/question/24218291

#SPJ4

3 0
1 year ago
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