Cronyism is a practice where individuals in power favor friends, family, or associates when making decisions, particularly in hiring or awarding contracts, rather than basing choices on merit or qualifications. This often leads to corruption, inefficiency, and a lack of fairness within organizations or governments, as it prioritizes personal relationships over professional competence. Cronyism can undermine public trust and hinder economic development by creating an uneven playing field.
Respect of the law.
cronyism
Cronyism
Am example of a government corporation is: amtrak Post Office Federal Deposit Insurance Corporation (FDIC)
Cronyism
Cronyism.
Cronyism is the practice of giving jobs to friends.
all of the above
Cronyism
cronyism.
Cronyism refers to the practice of favoring close friends or associates with lucrative or prestigious positions, regardless of their qualifications or abilities. It often involves giving unfair advantages to those with personal connections rather than selecting candidates based on merit.
An example of cronyism is when a government official awards a contract to a friend or family member without a competitive bidding process, solely based on their personal relationship rather than qualifications or merit. This practice undermines transparency, fairness, and accountability in decision-making processes.