Market mechanism
Revision as of 10:41, 11 July 2020 by EshwaN (talk | contribs) (Created page with "Market mechanism is the means by which the state uses market pricing and quasi-market mechanisms to determine the supply and demand of goods that were previously state mon...")
Market mechanism is the means by which the state uses market pricing and quasi-market mechanisms to determine the supply and demand of goods that were previously state monopolies in public sector strategy.
Definitions
According to the Corporate Strategy by Lynch (4th edition),
- Market mechanism. The means by which the state uses market pricing and quasi-market mechanisms to determine the supply and demand of goods that were previously state monopolies in public sector strategy.