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Public Funds For Private Concerns

The objectives of a private organization will usually differ from that of the government. Managers in private corporations have only one major goal, to satisfy the bottom line. Their endgame is to increase profits and to keep their shareholders happy. Their responsibilities are very specific and can result in going against popular opinion as long as the earnings are maximized. One example of this mentality was railroad executive William Henry Vanderbilt's response of "the public be damned" when questioned about the availability of an unprofitable train service "for the benefit of the public" (Shafritz & Russell, 2005, p. 344).
On the other hand, elected officials serve their constituents. Their primary goal is to get re-elected so most decisions will not fly in the face of public opinion. Due to the fact that politicians do not want to alienate the majority of the voters, trade offs and compromises are made to keep all sides happy. Since government is not-for-profit, money......


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Approximate Word Count: 2564
Approximate Pages: 11 (250 words per double-spaced page)

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