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.
The command economy is centered on the government regulating the economy through laws and regulations and this helps regulate the frenzy around supply and demand. Advantages of command economy include: Resources are quickly and effectively mobilized on a large scale.