Functions of public corporation - SS2 Government Past Questions and Answers - page 1
What is the main function of public corporations?
Providing essential public services
Generating profits for shareholders
Generating profits for shareholders
What is the role of public corporations in promoting economic development?
Investing in infrastructure and promoting innovation and entrepreneurship
Maximizing profits for shareholders
Reducing government intervention in the market
Investing in infrastructure and promoting innovation and entrepreneurship
Who are public corporations accountable to?
The government and the public
Private investors only
The board of directors
What is the purpose of public corporations generating revenue for the government?
To fund public programs and infrastructure
To distribute profits to shareholders
To pay off government debt
What is the role of public corporations in promoting social and environmental goals?
Protecting natural resources and reducing carbon emissions
Maximizing profits for shareholders
Avoiding government intervention in the market
Protecting natural resources and reducing carbon emissions
What is the accountability of public corporations?
Public corporations are accountable to the government and the public, which helps to ensure that they operate in a transparent and responsible manner.
What is the contribution of public corporations to economic development?
Public corporations may contribute to economic development by investing in infrastructure and promoting innovation and entrepreneurship.