Private firms and public bureaus differ in that _____
A) private firms have more incentive to act on consumer feedback.
B) private firms have less incentive to eliminate waste and inefficiency.
C) private firms are usually financed by government appropriations, while bureaus cover their costs if enough people buy their products.
D) private firms do not have a profit incentive to satisfy consumer wants, but bureaus have a profit incentive to satisfy consumers.
E) ownership is not transferable in private firms, while ownership is transferable in bureaus.
Correct Answer:
Verified
Q167: A government bureau _
A)may be less inclined
Q168: A widely held theory of bureaucratic behavior
Q169: Which of the following is true of
Q170: Compared to private firms,we should expect public
Q171: Bureaucrats obtain the budget they want by
Q173: Elected officials may choose a public bureau
Q174: Fire departments receive their revenues from government
Q175: In response to the threat of budget
Q176: If the managers of a private firm
Q177: What are governments using when they contract
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents