One of the Important Differences Between Public Bureaucracies and Private

question 66

Multiple Choice

One of the important differences between public bureaucracies and private corporations is that government bureaucracies

• A) are not organized to make a profit, whereas private corporations are.
• B) have a single set of leaders, whereas private corporations do not.
• C) are much larger than private corporations.
• D) are not intended to serve the citizenry as private corporations are.
• E) present an opportunity for career advancement, whereas private corporations do not.

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Definitions:

Installments

Payments divided over a period of time for a debt or purchase, rather than paying the total amount upfront.

Default

Failing to fulfill a legal obligation, such as not making a scheduled payment on a loan.

Negotiable Instrument

An official paper that promises the disbursement of a designated sum of money, which can be demanded at any time or paid at an agreed-upon moment, identifying the payer.

Given Value

The consideration or price paid for something; often used in the context of transactions or agreements to denote the value exchanged.