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.
a command economy is an economy where government plays the important role. Eg, prices are fixed by the government. a market economy is an economy where private individuals take their own decisions with less government intervation.Eg,prices are fixed by the forces of market-demand and supply. a mixed economy is a combination of both the economies-both the government as well as the private individuals take decisions.