"According to financial planners, which of the planned buying activities should you conduct during a meeting with a seller?", the correct answer is option C) Steps 4 and 5.
Steps 4 and 5 are two important planned buying activities that should be conducted during a meeting with a seller, according to financial planners. These steps involve negotiating the price of the product or service being sold and closing the deal.
During these steps, the buyer and seller should discuss and agree upon the price of the item being sold, any warranties or guarantees that may apply, and the terms of the sale. Once these details have been ironed out, the buyer can make the purchase with confidence.
to know more about financial planners refer here
https://brainly.com/question/26146294#
#SPJ11
i have a brainlest for anybody if the can tell me who won the wwe champoinship in 1996
Which reason best demonstrates why flexibility is important in IT work environment?
Answer:
Changing work environments require employees to adapt quickly to new technology
Explanation:
Type the correct answer in the box, Spell all words correctly.
What kind of advertisements would a company be unable to measure with standardized tests?
A company would be unable to measure_______with standardized tests.
Answer:
apitude
Explanation:
A company would be unable to measure creative and leadership skills with standardized tests. It can help to identify the problem.
What do you mean by the standardized test?The foundation of a standardized exam is consistency: each test taker is required to respond to the same questions, and each response is graded in accordance with a predetermined standard.
Standardized tests are used in schools to give teachers an unbiased, objective evaluation of the effectiveness of their instruction.
The ability of each child's natural abilities to be identified is made possible by standardized testing. They also make it possible to gauge advancement and skill growth.
Standardized examinations offer benchmarks of average performance, making it feasible to pinpoint struggling pupils who require support or gifted kids who may advance.
Therefore, a company would be unable to measure creative and leadership skills with standardized tests. It can help to identify the problem.
To know more about the standardized test, visit:
https://brainly.com/question/29388604
#SPJ5
except as authorized by law, the dmv will not disclose personal information without your consent. this consent will apply to all registered owners within this transaction. do you consent to such a disclosure?
Legal consent or making decisions on behalf of individuals. It is up to you as the registered owner to determine whether you want to provide consent for the disclosure of your personal information.
It is important to carefully consider the potential risks and benefits of disclosing your personal information and to make an informed decision based on your own circumstances and needs.
If you have any concerns or questions about how your personal information will be used, you may want to consult with a legal or privacy expert before making a decision.
For such more question on Legal
https://brainly.com/question/820417
#SPJ4
Legal consent or making decisions on behalf of individuals. It is up to you as the registered owner to determine whether you want to provide consent for the disclosure of your personal information.
It is important to carefully consider the potential risks and benefits of disclosing your personal information and to make an informed decision based on your own circumstances and needs.
If you have any concerns or questions about how your personal information will be used, you may want to consult with a legal or privacy expert before making a decision.
Consent occurs when one person voluntarily agrees to the proposal or desires of another. It is a term of common speech, with specific definitions as used in such fields as the law, medicine, research, and sexual relationships. Consent as understood in specific contexts may differ from its everyday meaning. For example, a person with a mental disorder, a low mental age, or under the legal age of sexual consent may willingly engage in a sexual act that still fails to meet the legal threshold for consent as defined by applicable law.
For such more question on Law
brainly.com/question/820417
#SPJ4
The stock market represents small businesses. A. True B. False
I would say the answer is Falsr
Paulina believed that the new hires in her department were lazy for failing to make use of the company's expert software system, but the new hires had not been adequately trained to make use of the system. This is an example of _____.
If the new hires had not been adequately trained to make use of the system. This is an example of fundamental attribution bias.
What is fundamental attribution bias?Fundamental attribution bias can be defined as the way in which a person judge another person without considering the situation factors.
Based on the giveing scenario Paulina is using fundamental attribution bias on the new employ by ignoring the reason why the new hire did not use the company's expert software system.
Therefore this is an example of fundamental attribution bias.
Learn more about fundamental attribution bias here:https://brainly.com/question/17109470
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
A borrower who makes a $1000 loan for one year and earns interest in the amount of $75, earns what nominal interest rate and what real interest rate if inflation is two percent?
A. A nominal rate of 5.5% and a real rate of 2.0%.
B. A nominal rate of 7.5% and a real rate of 5.0%.
C. A nominal rate of 7.5% and a real rate of 9.5%.
D. A nominal rate of 7.5% and a real rate of 5.5%.
Therefore, the correct answer is D. A nominal rate of 7.5% and a real rate of 5.5%.To calculate the nominal interest rate, we simply divide the amount of interest earned by the principal.
Nominal interest rate = (interest earned / principal) x 100%
Nominal interest rate = ($75 / $1000) x 100%
Nominal interest rate = 7.5%To calculate the real interest rate, we need to adjust the nominal interest rate for inflation. We can use the following formula:Real interest rate = [(1 + nominal interest rate) / (1 + inflation rate)] - 1 Plugging in the values, we get: Real interest rate = [(1 + 0.075) / (1 + 0.02)] - 1 Real interest rate = 0.055, or 5.5%
Learn more about interest rate :
https://brainly.com/question/13324776
#SPJ4
2. The first draft of the project charter is as follows:
Project Manager
Project Sponsor
Start Date
Project Mission
PROJECT CHARTER
Annual Clothing Drive
Talar Adams
Activities Committee
April 21
Deliver clothes to local shelters
a. Does this charter contain enough information for Talar to get started? Why or why
not?
Answer:
The charter provides some basic information about the project, such as the project manager, sponsor, start date, and mission. However, it does not provide enough details about the project's scope, objectives, budget, timeline, stakeholders, and risks. Talar needs more information to understand the project's requirements, constraints, and expectations. She also needs to define the project's deliverables, milestones, and success criteria. Without a clear and comprehensive project charter, Talar may face difficulties in planning, executing, and controlling the project, as well as communicating with stakeholders and managing their expectations. Therefore, Talar should revise the project charter to include all the necessary information and obtain approval from the project sponsor before proceeding with the project.
QUESTION 4 of 10: When a hotel "comps" a room, the hotel:
a) Sets the room rate equal to competitors' rates
b) Provides the room for free
c) Provides a complete rate with room and meals packaged together
Answer:
B) The hotel Provides the room for free.
Describe the main differences between The Cloud and a Database.
Why most companies are turning to cloud-based IT services?
The shift towards cloud-based IT services is driven by the advantages of scalability, cost-effectiveness, flexibility, improved collaboration, and enhanced data security and disaster recovery.
The Cloud is a broad term that encompasses a network of servers and services accessible over the internet. It offers various functionalities such as storage, computing power, and applications. The Cloud allows users to store and access data remotely, collaborate on projects, and run software applications without the need for on-premises infrastructure. A Database, on the other hand, is a structured collection of data organized for efficient storage, retrieval, and management. It provides a systematic way to store and organize data in tables, allowing for easy search, retrieval, and manipulation of information.
Companies are increasingly adopting cloud-based IT services for several reasons. Firstly, cloud services offer scalability, allowing businesses to easily expand or shrink their computing resources based on demand. This flexibility enables cost-effectiveness as companies only pay for the resources they use. Additionally, cloud services provide flexibility by allowing employees to access data and applications from anywhere, facilitating remote work and enhancing collaboration. Cloud-based services also offer improved data security and disaster recovery capabilities compared to on-premises infrastructure.
Learn more about infrastructure from here:
https://brainly.com/question/32687235
#SPJ11
When redesigning a database, how can we check assumptions about functional dependencies?
Use a correlated subquery with the SQL IN keyword for the first approach, and use a correlated subquery structure with the SQL EXISTS and/or NOT EXISTS keywords for the second approach.
What do you mean by Structured Query Language (SQL)?
Relational databases are managed and the data they contain can be subjected to a variety of procedures using SQL, a standardized programming language. SQL is frequently used by database administrators, programmers writing scripts for data integration, and data analysts setting up and running analytical queries. SQL was originally developed in the 1970s.
To learn more about Structured Query Language (SQL)
https://brainly.com/question/27960551
#SPJ4
Read the graph.
A graph titled Renewable Energy Consumption by Source from 1949 to 2011 shows years on the x-axis, from 1950 to 2011, and Quadrillion B t u on the y-axis, from 0 to 4. The graph shows the usage for hydroelectric power, wood, biofuels, wind, and other. Hydroelectric power has the highest usage, and wind has the lowest usage.
Which power source has been least consumed?
wood
wind
biofuel
hydroelectric
Mark this and return
Based on the graph titled Renewable Energy Consumption, we can deduced that Wind energy is the power source which has been least consumed. The Option B is correct.
How is Wind energy an efficient power source?Wind energy is a renewable energy source. It is non-polluting, infinite, and reduces the use of fossil fuels, which are the source of greenhouse gases that cause global warming.
Furthermore, wind energy is a "native" energy because it is available almost everywhere on the plant, which helps to reduce energy imports while also creating wealth and local employment. For these reasons, wind energy production and efficient use contribute to sustainable development.
For a wind turbine to be 100% efficient, all of the energy available in the wind would be converted into electricity. That is, all the energy in the wind would be transformed and the air would stop moving and this is not possible in practice because a rotor only spins if the wind passes over the blades.
Read more about Wind energy
brainly.com/question/2031508
#SPJ1
how are the effects of u.s. inflation rates felt around the world?
Changes in US inflation rates can impact the global economy in complex and varied ways, depending on multiple factors, including the strength of the US economy, global trade patterns, and other major economies' policies.
The United States is one of the world's largest economies, and changes in its inflation rates can have significant effects on the global economy. Inflation refers to the rate at which the general price level of goods and services in an economy increases over time. As the US dollar is one of the world's most commonly used currencies, changes in US inflation rates can affect the value of the dollar and consequently impact international trade and investment.
When inflation rates rise in the US, the dollar tends to weaken in value relative to other currencies, making US exports cheaper and more attractive to foreign buyers. At the same time, imports become more expensive, which can lead to higher prices for consumers in other countries.
This can result in inflationary pressure in other countries, particularly those with strong economic ties to the US. Additionally, higher US inflation rates can lead to tighter monetary policies, which can cause capital outflows from emerging market economies.
To learn more about inflation rates
https://brainly.com/question/31635911
#SPJ4
a)Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.
b)Paid salary in advance Rs. 15,000.
c)Rent outstanding Rs. 2,000.
d)purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
e)furniture purchased and paid by cheque rs10,000.
:journal entry.
Answer:
Here are the journal entries for the given transactions:
a) Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.
Debit: Accounts Receivable (Kriti) 10,000
Credit: Sales Revenue 10,000
Debit: Cost of Goods Sold 8,000
Credit: Inventory 8,000
Copy
b) Paid salary in advance Rs. 15,000.
Debit: Prepaid Salary 15,000
Credit: Cash 15,000
Copy
c) Rent outstanding Rs. 2,000.
Debit: Rent Expense 2,000
Credit: Accrued Rent Payable 2,000
Copy
d) Purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
Debit: Furniture 12,000
Credit: Cash 4,000
Credit: Accounts Payable 8,000
Copy
e) Furniture purchased and paid by cheque rs10,000.
Debit: Furniture 10,000
Credit: Cash (or Bank if paid by cheque) 10,000
In the united states what is the significance of April 15
Answer:
Hope it helps
have a good day Ahead
April 15th of the United States is Tax day
Which statement regarding credit cards is true?
O Similar to a debit card, use of a credit card causes an immediate withdrawal from your linked bank account.
O Unlike a debit card, use of a credit card leads to a balance owed to the creditor that you must pay like a bill.
O similar to installment credit, a credit card requires you to pay a fixed monthly amount for use of the card.
OUnlike installment credit, a credit card must be secured by some form of physical collateral before using it.
Answer:
The second statement is true.
Explanation:
Unlike a debit card, which is linked to your bank account and causes an immediate withdrawal when you use it, a credit card allows you to borrow money from the credit card issuer to make purchases. This leads to a balance that you owe to the creditor, which you must pay back like a bill. The other statements are false. A credit card does not cause an immediate withdrawal from your bank account, and it does not require you to pay a fixed monthly amount or collateral to use it.
"Unlike a debit card, use of a credit card leads to a balance owed to the creditor that you must pay like a bill." This statement regarding credit cards is true. Option (b) is correct.
What do you mean by Withdrawal ?Withdrawal is the act of withdrawing something that has been granted or is in one's possession.
A credit card enables you to borrow money from the credit card provider in order to make purchases, as opposed to a debit card, which is connected to your bank account and results in an immediate withdrawal when you use it. As a result, you owe the creditor a balance that you must settle just like a bill. The other claims are untrue. A credit card can be used without immediate withdrawals from your bank account, a set monthly payment, or any kind of security deposit.
Therefore, Option (b) is correct. Unlike a debit card, use of a credit card leads to a balance owed to the creditor that you must pay like a bill.
Learn more about Withdrawal, here;
https://brainly.com/question/14289883
#SPJ2
what is one of the effects that the internet has had on bussiness?
Which step of the legislative process is missing?
with answers in screenshot
which statement best describes the relationship between businesses and other parts of the circular flow of goods?
A. businesses make rules about what resources will be available
B. businesses sell the goods produced in households
C. businesses create the goods that product markets sell
D. businesses make it easier for households to access resource markets
The statement that describes the relationship between businesses and other parts of the circular flow of goods is that it is the businesses that create the goods that product markets sell. Hence, Option C is correct.
What is the flow of goods?Right from the availability of the raw material to the delivery of the goods to the ultimate customer, there is proper supply chain management, it works with the aim of the flow of goods. There are various types of flow, like labor flow, money flow, and many more.
Sometimes it is a complicated web in which there are interconnected networks, which involve a distribution channel also. There is a flow of labor also available, whose work is to produce goods and services.
Therefore, Option C is correct.
Learn more about the flow of goods from here:
https://brainly.com/question/13621345
#SPJ5
In a planned economy, prices of commodities are controlled by _________.
A.
Supply and demand
B.
Producers and consumers
C.
The government
D.
Private enterprises
Please select the best answer from the choices provided
GDP is: A. Dthe total value of all consumer expenditures within a given period B. national income after taxes C.the total value of all final goods and services plus intermediate goods and services produced domestically within a given period. D. the value of all final goods and services produced domestically within a given period.
D
Final goods or services used to compute GDP refer to: the factors of production used to produce output, goods and services purchased by the ultimate users, the sum of all exports plus imports.
goods and services purchased by the ultimate users.
Intermediate products: A. produced domestically are not directly reflected in a nation's GDP B. are imported retail products C. are goods that are purchased by the ultimate user
A. produced domestically are not directly reflected in a nation's GDP.
Net exports are defined as: A. exports plus imports B. exports minus imports. C. imports minus exports.
B
What is the measure of the income received by owners of resources used in making final goods and services? factor payments, product payments, indirect earnings, direct earnings
factor payments The prosperity of a nation today is typically measured by its: A. total output or gross national product B. output per capita C. gold reserves
B
A country will roughly double its GDP in twenty years if its annual growth rate is: 2.5%, 3.5%, 7.5%
3.5%
As more capital per worker is added, a per worker production function generally becomes: A. flatter because capital is subject to diminishing marginal returns B. flatter because labor is subject to diminishing marginal returns. C. flatter because capital is subject to increasing marginal returns.
A
In a fully employed economy, invention and discovery: are automatic, achieved through sacrifices in current consumption, have negative op. cost, all of the above
are achieved through sacrifices in current consumption.
T/F: a piece of glass bought by a consumer to fix a broken window would be counted toward GDP
true
T/F: a sheet of glass purchased by General Motors for the side window of a new car would be counted toward GDP
false; its an intermediate good Which of the following products are not included in current U.S. GDP? A. a Washington apple B. a Ford Mustang produced last year and sold this year C. a physical examination at a California health clinic D. All of the above
B; it was included in last years GDP
GDP does not directly include: A. the value of final goods and services produced, but not sold, during a period B. the value of services rendered during a period C. the value of intermediate goods sold during a period D. any E. either a or c
C
The most volatile GDP category under the expenditure approach is: wages/salaries, investment, consumption, gov purchases, net exports
investment The investment component of GDP includes: A. funds in individual retirement accounts. B. construction of a new steel mill C. the sale of shares of Coca-Cola stock D. the purchase of a refrigerator by a household.
B
If a nation's imports exceed its exports: A. net exports will be positive. B. GDP will be less than the sum of consumption, investment, and government purchases C. GDP will be greater than the sum of consumption, investment, and government purchases. D. none of the above apply.
B -net exports will be negative and GDP will be less than sum of consumption, investment, and gov purchases
The services rendered by a special agent with the Federal Bureau of Investigation is included in which expenditure category of GDP: consumption, investment, government purchases, net exports, none of the above
gov purchases In 2008, U.S. Nominal GDP totaled approximately: $2.1 tril, 2.8, 14.3, 10.1, none $14.3 til
If the price index is now 120, it means: A. prices are 120 percent higher than in the base year. B. prices are 20 percent higher than in the base year. C. prices are 1.2 percent higher than in the base year
D. nominal GDP will be less than real GDP. E. that both b. and d. are true.
B
Which of the following is a problem with using real GDP as a measure of economic well-being? A. does not account for inflation B. does not account for production within the household C. does not account for production by foreign firms producing inside the U.S. D. all of the above
B
Estimates of the size of the underground economy range from: A. 4 to 20 percent. B. 2 to 5 percent. C. 7 to 10 percent. D. 45 to 60 percent.
A
D. all of the above. Gross Domestic Product is the total market value of all final goods and services produced within an economy in a given year.
What is GDP?GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Payments for transfers are excluded from GDP. GDP is the total dollar worth of all finished products and services produced domestically inside a nation during a specific time period.
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful. It is also possible to quantify the contribution of each industry or sector to the overall GDP.
To learn more about GDP refers to;
https://brainly.com/question/29754360
#SPJ4
1) A three-year bond with 14 percent coupon rate and $1,000 face
value yields 12 percent. Assuming annual coupon payments, calculate
the price of the bond. A) $808.32 B) $928.19 C) $1,000.00 D)
$1,048
The price of the three-year bond with a 14 percent coupon rate, $1,000 face value, and 12 percent yield is $1,048.00.
The price of a bond can be calculated using the formula: Price = (C / r) * (1 - (1 / (1 + r)^n)) + FV / (1 + r)^n, where C is the annual coupon payment, r is the yield to maturity, n is the number of years to maturity, and FV is the face value of the bond. In this case, C = 0.14 * $1,000 = $140, r = 0.12, n = 3, and FV = $1,000.
Substituting these values into the formula, we get Price = ($140 / 0.12) * (1 - (1 / (1 + 0.12)^3)) + $1,000 / (1 + 0.12)^3 = $1,048.00. Therefore, the price of the bond is $1,048.00.
Learn more about bonds here:
brainly.com/question/33848841
#SPJ11
JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
In 2017, the company purchased $1,860 in new fixed assets. what was the cash flow from assets for the year? the tax rate is 35 percent.
The tax rate of 35 percent is used to calculate the company's income tax expense, which affects the net cash flow from operating activities.
To calculate the cash flow from assets, we need to consider the changes in fixed assets and the tax rate. The cash flow from assets is calculated using the formula:
Cash Flow from Assets = Net Cash Flow from Operating Activities - Net Cash Flow from Investing Activities
Given that the company purchased $1,860 in new fixed assets in 2017, this would be considered an investing activity. We'll assume there are no other significant investing activities for the year.
The net cash flow from investing activities is the negative value of the investment in fixed assets:
Net Cash Flow from Investing Activities = - $1,860
To determine the net cash flow from operating activities, we'll need more information. If you provide additional details about the company's operations, revenues, expenses, depreciation, and other relevant financial figures, I can assist you in calculating the net cash flow from operating activities.
To learn more about income
https://brainly.com/question/28390284
#SPJ11
Which words means finds its food; a consumer.?
Answer:
The word that means finding its food is hunting
Which best describes the role of financial planning?
Many intermediate goals may require funding.
Books typically are free with the purchase of a college course.
Most licensing exams are covered by government funding.
Allow someone to have fewer economic obstacles.
The role of financial planning can be described by allowing someone to have lesser obstacles in an economy of a country.
Option D is the correct answer.
What is a financial plan?A financial plan is a statement defining the company's recent finances, the objectives and the strategies to attain those objectives.
Financial planning helps in the creation of budgets for future uses, formulate the ways for minimizing or saving the charges to be incurred in the future and execute the ways of accumulating and increasing the wealth of an organization.
Therefore, the explanation provided in part D would best describe the role of financial planning.
Learn more about the financial plan in the related link:
https://brainly.com/question/8822382
#SPJ1
Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock. The preferred stock is non-cumulative. How much will the preferred and common stockholders receive on the date of payment?
Answer: $7,500 preferred stock, $12,500 common stock
Explanation:
Given that:
Total cash Dividend = $20,000
Preferred stock:
5,000 shares of $15-par, 10%
Therefore ;
preferred stock balance = number of share × price × rate
5000 × $15 × 0.1 = $7,500
Balance of common stock is therefore ;
Total cash Dividend - balance of preferred stock
$20,000 - $7,500 = $12,500
with respect to fraud or error, the auditor should assess the risk that fraud or error may cause a material misstatement of the financial statements and should design the audit to
Obtain reasonable assurance about whether the financial statements are free from material misstatement, whether due to fraud or error.
What is material misstatement?
Information in the financial statements that is sufficiently false to affect someone who relies on them to make financial decisions is said to be a material misstatement. For instance, a material misstatement of income may influence a decision to buy stock in a company. If the misstatement is later corrected and the stock price declines, the investor may suffer losses. When an auditor finds a material misstatement that needs to be corrected by management, the auditor should evaluate how the error will affect only the financial statements before deciding whether to change the audit opinion.
To learn more about material misstatement
https://brainly.com/question/6314370
#SPJ4
Number 2 please please help me
Answer: See explanation
Explanation:
a. Public sector simply means the sector of the economy that the government controls. Examples include the military, public education, law enforcement, etc
b. The secondary sector is the sector of the economy that is concerned with how raw materials would be processed to become finished goods. The industries in this sector include construction companies, car manufacturers, textile industries, etc.
c. The tertiary sector of the economy is the sector that is concerned with services. This sector is important because:
• it helps in the provision of basic services like health care delivery, education, etc.
• it also helps in the development of several sector in the economy such as communication, and transportation.
• it contributes a huge part to the gross domestic product of a country.
d. The reason why some ministers may want to privatize some business include
• when the resources are not being efficiently utilized and there's wastage of resources.
• to improve competition
• it also brings about increase in effectiveness and efficiency.
e. The public sector alwayw produces goods and services more efficiently than the private sector as the government always looks to tackle market failure. Apart from that, the government looks out for the welfare of the people in the society and it's main motive is not profit maximization like the private sector.