Economic principles of private and public organizations


Consider the following questions:

1- Do you believe economic principles like competition apply in both private and public organizations?

2- Are there other public functions that might benefit from more competition, including competition from private firms?

3. How can you find some middle ground in this debate to show that both business people and those who work together more closely to help people?

Textbook: W. G. Nickels, J. M. McHugh, & S. M. McHugh. (2013). Understanding business (10th ed). New York: McGraw-Hill Irwin.

Need 100 words for each question.

 

 

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Business Management: Economic principles of private and public organizations
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