The process of seizing a firm's assets in a country by the national government is known as centralization.

Name: The process of seizing a firm's assets in a country by the national government is known as centralization.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

The process of seizing a firm's assets by the national government is known as nationalization or expropriation, not centralization. Centralization refers to the concentration of control and decision-making authority within an organization or government.

The Process of Seizing a Firm's Assets in a Country