HELP :cry:

[yaqoob]

Guys i was going through some notes in internet
it was written there "reducing bureaucracy" what do u mean by that
it was under the heading of SUPPLY SIDE POLICIES
Plus what are you guys doing for preparation for business exam tomorrow

 

[St0cK]

2moro's business exam will be mainly about market research i guess, cause in paper 1 nothing came about market research
i hope a 14 mark for a market research question ! hahaha XP

 

[yaqoob]

LoL i guess its gonna come from the chapters like globalization,Demand/supply and Market
by the way what do u mean by reducing bureaucracy

 

[shefali]

LoL i guess its gonna come from the chapters like globalization,Demand/supply and Market
by the way what do u mean by reducing bureaucracy

the aim of supply side policies is to increase efficiency and promote development by investing in human capital, maving resources from the public sector to the private sector etc
bureaucracy is basically when the government keeps secrets from the consumers and private sector...lets say the government accounts at the Swiss banks
but if they reduce bureaucracy (less secretive operations by the government) it would lead to efficiency

 

[yaqoob]

Hmmmmmm so u mean
like the government does stuffs hiding from consumers and private sector
But how would ur example show that :/