ADM 1301 Study Guide - Final Guide: Cultural Globalization, New Balance, Waste Management
16 Oct 2016
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Total reliance on the market (laissez faire regulation) Is the protector of various societal interests against business exploitation. Is the protector of business and producer interests. Is the owner of business enterprises (e. g. canada post) Directly manages (through regulation) large areas of private business activity (communication, energy etc. ) Is a major purchaser of goods and services produced by businesses. Is a major promoter and subsidizer of businesses. Is a partner with business in some endeavours (i. e. mixed enterprises; and. Is a supplier of debt capital to many businesses (i. e. tax expenditures or tax credits; chosen instrument) Definition: the reduction of government influence or impact over the economy allowing for a freer and more efficient marketplace market control by monopolies. The board hires a ceo, who is: at each step, there is a flow of flow of accountability back up that chain. (cid:499)1.
