0
Why does government take longer to change than private enterprise to external conditions?
Private enterprises oftentimes are motivated or driven by profit and revenue. They therefore are inclined to adapt to external conditions as fast a possible in a way appropriate to/specific to them. Governments however are invested in more different and varied ventures or roles, therefore there are a greater number of conditions which occur for them and they must assess the impact and effect on other aspects of their enterprise as well. Another issue would be a moral one in that the Government is supposed to be more high brow, and virtous than privately owned enterprises. Thus limiting options.
What else can I help you with?
Is America a private enterprise?
No, the United States of America is a government, or public enterprise.
What is meant by private enterprises?
A private enterprise is a business run for-profit and not owned by a government.
What is a system of government that supports and regulates private enterprise?
capitalism
What is a modified private enterprise economy?
A modified private enterprise economy is based on capitalism but has some government interference to prevent monopolies. Example is the economy of the U.S
What is private sector run by govement?
It is an oxymoron. By its definition, a private sector enterprise cannot be run by government.
A system in which the government both supports and regulates private enterprise is a?
mixed economy
Roles of the government in a mixed economy?
To protect the public and to preserve private enterprise.
What is private enterprise and Examine private enterprise and appraise the effect of private control of business?
What is private own enterprise
What is an example of a private enterprise?
Private ownership is anything owned by an individual or a company and not the government. Most homes are an example of private ownership, while the courthouse is owned by the government.
Six reasons that the government has taken steps to limit private enterprise are?
Money n power
What is the name for an economy in which private enterprise and government regulation coexist?
market economy
The freedom of private businesses to operate competitively for profit with minimal government regulation.?
Free Enterprise
