final exam essay advice.F10

final exam essay advice.F10 - consumers. k text p.324...

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FINAL EXAM PART 2 (ESSAY-TYPE QUESTION) HERE’S SOME ADVICE ON THIS QUESTION: as usual, you need not include formal introductions, or conlusions, just answer the question. use headings/sub-heading to help organize oyur response. support that statement remember to clearly explain: 1. what is privatization? k text p.327; what are the potential benefits to consumers of privatization? k text p.329 – comeptition and efficiency reasons mean better business for consumers (cheaper and more efficient) link this to the example of privatizing ontario hydro: how will consumers of electricity benefit? can give example of hydro privatization in europe. k text p.326 2. what is regulation (k text p.303) and deregulation (k text p.318-321) what are the potential benefits to consumers of deregulation? k text p.319; link this to the example of privatizing ontario hydro – ie. how can consumers of hydro benefit? eg. can give example of deregulating insurance and how it benefited
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Unformatted text preview: consumers. k text p.324 refute that statement 1. what are the potential threats with privatization? k text p. 331-332 publics objectiveshow then might consumers of hydro be negatively affected? possible class examples: alberta privatization of electricity did not result in more competition and ended up harming consumers both in terms of increase in cost of service and decrease in the quality of service; increase in user fees following privatization of highway 407 2. what are the potential threats with deregulation? k text p.306 no longer protecting the public interest and if the reduction in regulation does not help attract enough competitors then the industry could end up with one or few large businesses that could act like monopolies and take advantage of consumers (ie raise prices for consumers, and reduce quality of service)...
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This note was uploaded on 09/28/2011 for the course ADMS 1000 taught by Professor Sumwaru during the Fall '09 term at York University.

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final exam essay advice.F10 - consumers. k text p.324...

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