Question

In the context of traditional managerial approaches, what is the primary goal when engaging the public in the management of the economy?

A) Maximizing profits for corporations
B) Achieving political power
C) Maximizing efficiency and effectiveness in the management of the economy
D) Promoting social equity

Answer 1

The primary goal when engaging the public in the management of the economy is to maximize efficiency and effectiveness.

Step-by-step explanation:

In the context of traditional managerial approaches, the primary goal when engaging the public in the management of the economy is to maximize efficiency and effectiveness. This means utilizing resources to their fullest extent and producing the goods and services that are in high demand. While other goals may be pursued to some extent, such as maximizing profits for corporations and achieving political power, the focus is primarily on efficiency and effectiveness.