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    International Financial Management Study Set 5
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    Exam 2: Globalization and the Multinational Firm
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    Privatization Is Often Seen as a Cure for Bureaucratic Inefficiency
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Privatization Is Often Seen as a Cure for Bureaucratic Inefficiency

Question 74

Question 74

Multiple Choice

Privatization is often seen as a cure for bureaucratic inefficiency and waste; some economists estimate that privatization improves efficiency and reduces operating costs by as much as


A) 5 percent.
B) 10 percent.
C) 15 percent.
D) 20 percent.

Correct Answer:

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