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environmental tax (Q2)<br />A tax on a polluter related to the external costs of private production.<br /><em>See also:</em> effluent fee
atomistic competition (Ll)<br />Similar to PERFECT COMPETITION in that there are a large number of buyers and sellers, each with no significant influence on the market, behaving like atoms - very small but with a joint importance. This view of competition is based on an individualistic view of economic activity.
it had the task of managing existing government shareholdings in major firms, especially British Leyland and Rolls Royce, helping small firms and allocating grants under REGIONAL POLICY. In 1980, the Conservative government considerably reduced its role by selling off many of its investments and by cutting its annual funds.
executive leasing (G2)<br />The offering of management services by experienced mid-career managers for short periods, usually for less than a year. Leasing is attractive to companies when a particular type of skill is needed either to cope with an unusual task, e.g. organizing a merger, or during an interregnum until a permanent executive is appointed.
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