Examlex
Since a business gains market share with day-to-day operations,senior managers value process management experience over project management experience.
School Funding
The financial resources provided for public schools, typically derived from taxes and allocated by governmental entities to support education.
Constituents
Members or components that form a part of a larger group, or individuals who are represented by elected officials.
Government Failure
Inefficiencies in resource allocation caused by problems in the operation of the public sector (government). Specific examples include the principal-agent problem, the special-interest effect, the collective-action problem, rent seeking, and political corruption.
Special-Interest Effect
The phenomenon where a small group gains substantially through an action or policy while the larger population bears the cost, often seen in political lobbying.
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