1. According to DeSoto, 3rd world countries like South America, which have capitalist economies but are not getting rich due to political crises and dictatorships.
2. The author also argues that more efforts is needed than just adopting the capitalist regime, it is essential to develop the system through strategic actions that guarantee ROL, and economic growth measures.
3. China has a Communist party with capitalist characteristics, for example, with the opening of the Chinese market, which constituted a great and rapid development in the productive and industrial system of the country.
<h3 /><h3>What is the capitalist system?</h3>
It is an economic system whose focus is an accumulation of wealth and profitability through private property and the means of production. It is based on the free market with less state intervention.
Therefore, the author argues in favor of capitalism and its positive characteristics for the economy, politics and society as a whole.
Find out more about capitalism here:
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Explanation:
First, the university must consider implementing new strategies that will be paramount for its systems to be improved.
The first step is to redo the customer service policy, the main flaws of the current system must be considered and carry out research with students on their view of the negative points of support and how they believe it would be more effective service. Based on the results and analysis of the surveys with the public, it would be effective to redo the policy for attending students, based on ethics, control and constant monitoring.
With more effective policies, it will be effective to adopt a strategy to optimize university systems through automation, so that more generalized questions and support are answered more quickly, in addition to appropriate and trained professionals to serve students effectively.
Answer:
A conglomerate is a business combination merging more than three businesses that make unrelated products.
Explanation:
A conglomerate is a group of companies with different activities. This business concept spread to Europe from the United States after World War II. The benefits were considered to increase the company's long-term profitability by spreading risk to various business areas.
However, conglomeration often led to an increase in administrative costs. Furthermore, the conglomerate's management rarely had the competence to handle a number of companies in different industries. The conglomerates that were listed on the stock exchange were regularly valued lower than the total market value of the subsidiaries, indicating that the stock market did not believe in the very idea of creating such corporate groups. The risk diversification that the conglomerate was aiming for could equally well be achieved by the individual investor in his own equity portfolio. Therefore, since the 1970s, many conglomerates have split up, and most companies have instead focused on creating competitive advantages through their core business.
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