asked 11.5k views
3 votes
An example of a weakness in bureaucracies.

asked
User GaryNg
by
8.1k points

2 Answers

3 votes
red tape............................

answered
User Azmuhak
by
7.7k points
5 votes

The correct answer is: "inefficiency"

Large burocracies are famous for their inefficiency as, in order to undertake any operation, even a simple one, long procedures with many steps are required. Therefore, time, which is regarded as a scarce resource in economics is inefficently wasted in useless formalities.

This system cannot be competitive or enjoy comparative advantages against others, such as corporations, which have higher incentives to increse their competitiveness while burocracies have not.

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