According to the theory of bureaucratic behavior, the objective of bureaucracy is
A) to maximize its own welfare, meaning that it seeks additional power and prestige.
B) to maximize consumers' surplus, meaning that it seeks additional regulatory powers.
C) to protect the industry it regulates, meaning that it seeks additional regulatory powers.
D) none of the above.
A
Business
You might also like to view...
What innate need identified by self-determination theory is described as a sense of belonging and attachment to others?
What will be an ideal response?
Business
An advantage of investing in the stock market is that returns are seldom less than 10 percent each year
Indicate whether the statement is true or false.
Business