All of the Following Statements Regarding Privatization Are Accurate Except

question 66

Multiple Choice

All of the following statements regarding privatization are accurate except

• A)it is an alternative method for providing public services through private firms.
• B)it usually elicits strong opposition from public-employee unions who fear the loss of jobs.
• C)it is an alternative method for providing public services that can often lower the cost of government operations.
• D)it is a useful approach but valid for only a small segment of government services.

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Definitions:

Employment Insurance

A government program that provides temporary financial assistance to unemployed workers who meet certain eligibility criteria.

Employee Participation

The involvement of employees in decision-making processes within the organization, often resulting in better outcomes and increased commitment.

Benefits Plan

A set of health care, retirement, and other perks offered by employers to their employees beyond the regular salary or wage.

Decreased Overall Plan Costs

Refers to the reduction in total expenses associated with a particular plan, often aimed at making insurance plans, benefit programs, or operational activities more efficient and cost-effective.