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DUAL FUNCTIONS
Governmental Functions • Enact Law • Administer Law
Corporate Functions • Own Enterprises
• Operate Enterprises • Manage Enterprises • Invest Capital • Provide economic goods & services
• Enforce Law • Interpret Law • Regulate Activities • Tax Activities • Provide Governmental Services
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COMPETING INTERESTS • Corporate and Governmental Structures Differ Significantly by Design because each Serve Distinct Interests – Governmental Bodies are Political in Nature Requiring Deliberative Processes, which inevitably are slower and less efficient. Haste in a political environment invites conflict, turmoil, and sometimes instability – Corporate Bodies operate in a completely different environment – the marketplace – which flows at a much swifter pace and where decisions are not based on political considerations, but rather are profit driven. Inefficiency in a corporate environment results in lost opportunity, reduced profitability, and sometimes failure.
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Homer Law Chtd. 2009
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