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21. The characteristics of the global company is
it is a conglomerate of multiple units but all linked by common ownership
multiple units are drawn on a common pool of resources such as Money, credit, information, patents, trade names.
the units respond to some common strategy
All of the above
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22. The process whereby activities or enterprises that were once performed or operated by the government and its employees are now performed, managed or owned by private business and individuals, is known as
Privatization
Localization
Globalization
None of these
23. The new economic policy has components -
liberalization
privatization
globalization
all of the above
24. A stable and dynamic political environment is indispensable for
business growth
enhance the export
Both (A) and (B)
25. A mixed economy is necessarily a --------- economy.
controlled
planned
organized
none of the above
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