Investment Value Analysis of High-Tech Stocks

Author: Yang Ruilong et al.
Publisher:
Publish Date: 2000-02-01
Features: In modern market economies, most resources are used within enterprises. How these resources are used depends on the decisions of business operators rather than direct regulation by market mechanisms. Clearly, the resource allocation method within enterprises based on authority and hierarchical structures differs significantly from the market resource allocation method centered on the price mechanism. In modern market economies, most resources are used within enterprises. How these resources are used depends on the decisions of business operators rather than direct regulation by market mechanisms. Clearly, the resource allocation method within enterprises based on authority and hierarchical structures differs significantly from the market resource allocation method centered on the price mechanism.