Which of the following statements best describes how policies in the p

Which of the following statements best describes how policies in the private sector are different from policies in the public sector?

a. Private sector policies are slow, deliberate, and reactive to events.
b. Private sector policies are determined by the opinions and feelings of those employed in that sector.
c. Private sector policies are based on economics and market trends.
d. Private sector policies are based on rational decision making.

ESSAYBID ANSWER

ANS: C
Private policy is largely influenced by theories of economics and business management, including consumerism and market trends. Such policies can react quickly and are often proactive. In comparison, public policies are slow and reactive, and economics is just one of many factors involved. Public policies are determined by voting shifts, electoral realignment, and term limits.