UA is nothing like a corporation it is tied to the state. Yes it has quite a bit of waste but fundamentally the institutions goal is to do research and to educate
Fundamentally the goal of UA is to survive and grow, like all other organizations. If research and education furthers that goal, then that's what it'll attempt to do - but if bloat and cost disease further that goal expect to see those too.
Not always. UA is composed of many sub groups. They usually have little to do with each other. Some of these groups are very wastefull and just try to further their existance. But a large portion of the groups are actually concerned with doing things in the real world. I do not want to give specific examples but I have plenty of experience with people that actually want to do good things in the world at UA.