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.
In a free market economy, the âinvisible handâ of supply-and-demand market forces defines what is produced, in what quantity, and at what price. A market economy is a type of economic system in which the trading and exchange of goods, services and information takes place in a free market.usinesses can decide which goods to produce and in what quantity, and consumers and businesses can decide what they want to purchase and at what price. The opposite of a market economy is a planned economy, where the government decides what to produce, in what quantity, and to be sold at what price.