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Productivity in firms
» Practice Questions
1. Which of the following is true of firms in developing nations?
there are increased instances of nepotism
the workers tend to be 3 to 5 times older than workers in developed nations
both a. and b.
2. Which of the following factors have been shown to assist firms in decentralization of management?
Increased trust, market competition and non-hierarchical religion
government intervention, uncertain rule of law and experience of management
rigid structure and government control
Copyright 2012 - Tyler Cowen and Alex Tabarrok