Question

How do the incentives and feedback for government bureaus differ from those for profit making firms?

Answer 1

Here is the answer to the given question above. Bureau differs from firms in the amount of consumer feedback they receive, in their incentives to minimize costs, and in the transferability of their ownership. Because of these differences, bureaus may not be as efficient or as sensitive to the preference of the consumers as for-profit forms are. Hope this answer helps.