Question

How can the expectations of supply differ for private versus public organizations? Services versus goods producers?

A) Private organizations focus more on cost, while public organizations prioritize innovation.

B) Public organizations emphasize profit margins, while private organizations prioritize social responsibility.

C) Goods producers prioritize customer service, while service providers focus on production efficiency.

D) Public organizations may prioritize transparency and accountability, while private organizations focus on regulatory compliance.

Answer 1

The expectations of supply differ based on whether the organization is private or public, and whether they produce goods or provide services.

Step-by-step explanation:

The expectations of supply can differ for private versus public organizations and for goods producers versus service providers.

In the case of private versus public organizations, private organizations often focus more on cost, while public organizations may prioritize factors such as transparency and accountability.

For goods producers versus service providers, goods producers often prioritize customer service, while service providers focus on production efficiency.