What is privatization and how is it different than contracting out? In what ways is privatization an
Fantastic news! We've Found the answer you've been seeking!
Question:
- What is privatization and how is it different than contracting out?
- In what ways is privatization an effective way of introducing competition into the provision of public services?
- What are some of the risks of privatizing? In other words, why doesn't privatizing always work?
Expert Answer:
Answer rating: 100% (QA)
Privatization refers to the transfer of ownership control or management of a public service or asset from the government to the private sector This can involve selling off stateowned enterprises outso... View the full answer
Posted Date:
Students also viewed these economics questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
A gemstone is the ultimate luxury product. It has no material use. Men and women desire to have diamonds not for what they [diamonds] can do hold of them. The idea of making diamonds available to the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
What is the purpose of using case and case type in the process identification stage?
-
Plummer Industries purchased a machine for $ 43,800 and is depreciating it with the straight- line method over a life of 8 years, using a residual value of $ 3,000. At the beginning of the sixth...
-
The Wintergrass Company has an ROE of 11.4 percent and a payout ratio of 25 percent. a. What is the company's sustainable growth rate? b. Can the company's actual growth rate be different from its...
-
Another name for the impersonal ledger is: a. Payables ledger b. General ledger c. Receivables ledger d. Cash ledger
-
Tarheel Furniture Company is planning to establish a wholly owned subsidiary to manufacture upholstery fabrics. Tarheel expects to earn $1 million after taxes on the venture during the first year....
-
Fire Corp. is considering the purchase of a new piece of equipment. The equipment costs $50,400 and will have a salvage value of $5,040 after nine years. Using the new piece of equipment will...
-
[The following information applies to the questions displayed below.] Use the following information: Department Service 1 (S1) Service 2 (S2) Production 1 (P1) Percentage Service Provided to Cost 51...
-
Simplify each expression by restating it using positive exponents only. a) ab-5 ab -2 b) a3b-2 c) [(p) (p)] -3 12s3 d) 4s-7
-
Managers at John\'s company learn that the purchasing department got a bulk shipment of a key raw material for $ 7 1 0 0 , a $ 5 0 0 savings from their plan. Production department had used nearly all...
-
The controller of Yummy Jam Co has requested a quick estimate of the manufacturing supplies needed for July when production is expected to be 4 7 0 , 0 0 0 units. Below are actual data from the prior...
-
Consider an imaginary box with dimensions 15 cm x 45 cm x 95 cm. There is an E- field with a uniform magnitude 850 N/C going out through the left side of the box and an E-field with a uniform...
-
During the year plant, which originally cost $ 1 8 , 5 0 0 and had been depreciated by$ 9 , 6 4 3 was sold for $ 6 , 2 5 0 . What was the profit or loss on disposal of the non - current asset?
-
1. A hospital reports that the average cost of rehabilitation for stroke victims is 24672 BD. To see if the average cost of rehabilitation is different at a particular hospital, a researcher selects...
-
Name some of the various types of financial intermediaries described in the chapter and indicate the primary reason(s) each was created.
-
Use target costing to decide whether to add a new product or service.
-
Identify contribution margin and absorption costing advantages and disadvantages.
-
Discuss the factors that influence pricing decisions.
Study smarter with the SolutionInn App