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3 votes
An example of a weakness in bureaucracies.

User GaryNg
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2 Answers

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

User Azmuhak
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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.

User Abraham Gnanasingh
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