One very important characteristic of organizations in the study of comparative economic systems is
a) the nature of economies of scale.
b) whether they exhibit capitalism or socialism.
c) use of computers in the organization.
d) the level of centralization or decentralization of decisions
Q. One very important characteristic of organizations in the study of comparative economic system is
Answer:- b) whether they exhibit capitalism or socialism.
Comparative economic system deals with the different systems of organizations i.e., capitalism and socialism for acquire the knowledge related to production, consumption and transfer of wealth ,depends on the availability of resources that develop an economic system.
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