The Four Frames. The Structural Frame. Bolman and Deal (1997) have sorted insights drawn from both research and practice into. four major perspectives, or frames, to make sense of organizations, each having their own. image of reality. The first frame, the Structural Frame, highlights the structural aspects of.
Advantages of Market Economy. Since it follows the basic principle of economics which is price determination through supply and demand without any external intervention, it is the most simplistic economic system among all other economic systems.
It's all part of a market economy. The market economy is an economy that allows goods and services to be traded freely on an open market. It's the equivalent to capitalism, or a free enterprise system. The market economy provides a win-win situation for the business and consumer.