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Assignment 6: Effects of Privatization - Essay Example

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The allies have divided Europe among them in order to be under their control and sovereignty. German was one of these countries. It was divided among four super…
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Assignment 6: Effects of Privatization
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Download file to see previous pages Briefly, capitalism can be defined as "[the existence of] private property ownership; individuals and companies are allowed to compete for their own economic gain; and free market forces determine prices of goods and services, " ( InvestorWords1). In other words, the productivity of goods and services are not equally shared by all the people. Moreover, the state in this economical system works as a protector and a supervisor body not an owner or a decision maker, unlike communism, business is a separate entity from the state. This is because communism is "characterized by the collective ownership of property and by the organization of labor for the common advantage of all members. [ Furthermore, the] government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people," (Thefreedictionary, 2009). In other words, communisms prime aim and target is to create a classless society with no private ownership and only public ownership is allowed with the existence of one authoritative party, which is the Communist party, to rule. Unlike capitalism, business is not by all means separate from the state or the government. Therefore, it was impossible for all these ideologies to coexist in one country (Germany) without any conflicts or disputes. As a result to all these circumstances, Germany was divided into Western and Eastern Germany. Eastern Germany was then automatically united with the Eastern Bloc or the Communist Bloc which consisted of the Communist states of Eastern and Central Europe. However, the United States, Britain and France have worked hard to improve and enhance the social and economical levels of its part, Western Germany, in an attempt to reconstruct Germany after the war. Unlike the Soviet Union which did not preserve any plans regarding the ...Download file to see next pagesRead More
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CHECK THESE SAMPLES OF Assignment 6: Effects of Privatization

Common Pool Resources - Privatization or Collective Action which oil is produced will ensure that it is well preserved and it can be effective as a pool resource. Privatization will ensure that oil production can specialized in accordance to its requirement as a pool resource. Oil can only be refined or obtained in particular areas and regions, which adds to the ideology of the resource being produced and refined through privatization. It implies that specialization (based on regions) is the best course of action for production (Ramanadham, 1993). Therefore, oil as a resource should be privatized. Forests require a collective effort. I say this because the general state of global forests is abysmal. This is a prime reason...
1 Pages(250 words)Assignment

Discussion 6

...TRUTH AND SPIRITUALITY Superstition is often referred to as a belief in a spiritual conception that is not scientifically proven. There however exist some levels of controversy as to whether or not the beliefs people are superstitious about are real or false. This discussion and response paper will this be treated from that perspective where superstition would be analyzed as generally being factual or false. Having defined superstition as a spiritual belief without scientific proof, it would be right to proceed by saying that there are thousands of religious practices and rituals that are superstitious because they lack scientific evidence. From this point, I would say I am superstitions about a number of things, especially those...
2 Pages(500 words)Assignment

WA # 6

... Lecturer Paper Small size businesses require being actively sensitive to the volatile trading environment which affect the whole industry. As market grows, competitors emerge into the market whereas innovation shoots up the technology thus shifting the demand. This calls for continual watch out for ways to improving results of highly quality products and services that enabled the customer appreciate the value for money s/he has parted with. In this paper the focus will be based on drink and food industry that will need to develop and distribute such in a cost reduced manner for the maximization of profit. (Frewer 43) Customer needs and requirements; for instance, the drinks and food sold should reflect the taste and preference... Lecturer...
2 Pages(500 words)Assignment


...Your F. 6 March Food vs. Biofuel Crops While the population is increasing, so is the food that is used for consumption. If the population continues to grow at an exponential rate that it has been, it will be hard for the planet that is available to grow food on to be able to produce the amount of food needed for all of the population to survive. More land will have to be utilized to grow food and turn in to agriculture. Instead some items that could be used for consumption, such as corn, is also being used as a biofuel. When looking at the article in “Scientific American,” it seems as though crops that grow in certain areas, such as rice, are already being grown at their utmost potential. According to this article, in 2050... it will...
1 Pages(250 words)Assignment

Privatization in developing countries

...been carried out in a variety of ways. Privatization in Developing Countries The Privatization phenomenon is taking great popularity in developing countries. A report was published by the World Bank about the effect of privatization on the developing countries and have taken 79 companies that were privatized in 21 developing countries, and the result shows that there was an increase of profitability by 124% and efficiency by 25%, whereas the investment increased by 126%, the output increased by 25%, employment also increased by 139%, and dividend payout increased by 44%. The only factor that showed a negative impact was leverage that decreased by...
3 Pages(750 words)Assignment

HW 6

... HW 6 – Decision Making Process This decision making process was used to resolve a problem related to the human resources.The problem was that the organization needed to train the employees using the most productive and the most effective method available. The decision criteria incorporated factors such as the time required, the convenience, and the cost of the training procedure. With regard to weighing the criteria, the organization prioritized cost, then time and lastly convenience. With respect to the available alternatives, the organization had to choose from two main methods of training that include on-the -job training and off-the-job training. Off-the-job training involves employees being trained at an institution... that is...
1 Pages(250 words)Assignment

Privatization of zain company in kuwait

...for the researchers to meet the employees and the customers, some of which have busy schedules. Secondly, the sample population chosen for the research was small compared to the entire number of Zain’s customers and employees. Lastly, before privatization; the company was owned by the government and was not listed in Kuwait stock Exchange market. Therefore, to access data and get information on the strategy was almost impossible. Some of recommendations that can be drawn from the study revolve around what can be done to ensure positive effects of privatization are realized. For instance, privatization should be linked with innovation in order to enable companies give...
2 Pages(500 words)Assignment

Privatization in UK

...than they were. The inefficiency of privatizations is not the only problem, it is also that the way the privatization is done in most cases is in a corrupt, and this may be the reason why the privatizations have not been successful (OECD, 2003). Poor wages Ever since the proliferation of privatization started in the late 1970s, the relationship between the household incomes and household necessary expenditure has widened over this period (Parker, 2013). Although the salaries for people who work for these privatized firms have increased over the years, the high rates of inflation cancels this out and therefore the net effect in the...
7 Pages(1750 words)Assignment

Discussion 6

...Please write short answer for this 2 questions In America, we are bombarded by opinion polls. Such polls use the method of inductive generalizing from a sample, presuming that the answers given by a small number of respondents represent the attitudes of American voters as a whole. Do a search on the Internet for a recent opinion poll. Paste the results in your discussion response. Look at the report of the poll results and discuss how strong you believe these poll results are. Refer to such aspects of inductive generalizing as the sampling frame, how representative the poll sample was, and how biased the poll might be. Poll results can be found here: write short...
1 Pages(250 words)Assignment

Privatization of Prisons

..., and rehabilitation. Prisons should offer better living conditions and facilities than what is being offered currently. This can be achieved if the prisons are privatized. Privatization will ensure that the required infrastructure is well laid and rehabilitation is done effectively. However, some analysts do not agree on the idea that private prisons help in cutting costs. One of the major concerns that comes with privatization of prisons is loss of transparency. In a situation where transparency is lost, it will be hard to establish whether the judgment made by the judiciary is followed. In a bid to cut on the costs, some of the...
1 Pages(250 words)Assignment
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