Which of the following statements is NOT TRUE regarding the experiences countries go through as they undertake market transitions from socialism to a more market based economy?
A)Drastic measures have to be taken to turn around formerly inefficient companies.
B)Managers' thinking have to be changed so that they can understand management functions.
C)Financial systems have to be left unregulated to accurately reflect market prices.
D)More workers have to be hired as companies find that they are understaffed.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is NOT TRUE regarding the experiences countries go through as they undertake market transitions from socialism to a more market based economy?
A)Drastic measures have to be taken to turn around formerly inefficient companies.
B)Managers' thinking have to be changed so that they can understand management functions.
C)Financial systems have to be left unregulated to accurately reflect market prices.
D)More workers have to be hired as companies find that they are understaffed.

Which of the Following Statements Is NOT TRUE Regarding the Experiences