It is generally believed that, because of the election process, the incentives and pressures for internal efficiency are stronger in the public sector than in the private sector.

Question

Quizplus · Accepted Answer

The private sector typically faces stronger incentives and pressures for internal efficiency due to competition and profit motives, whereas the public sector's election process and focus on public service can lead to different priorities and less emphasis on efficiency.

It Is Generally Believed That, Because of the Election Process