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Development Economics
» Productivity of firms »
Productivity in firms
» Productivity in firms - Practice Questions
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
