Comparison of the organisation - SS2 Government Past Questions and Answers - page 1
What is a public corporation?
An organization owned and operated by the government
An organization owned and operated by private individuals
An organization owned and operated by a non-profit organization
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How is the board of a public corporation typically appointed?
Appointed by the government
Appointed by the government
Appointed by the CEO
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What is the difference in funding sources between public and private corporations?
Public corporations rely on government funding, while private corporations raise capital through stocks or bonds
Public corporations raise capital through stocks or bonds, while private corporations rely on government funding
Public and private corporations have the same sources of funding
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Who is responsible for the day-to-day operations of a public corporation?
The board of directors
The shareholders
The management team
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What is the level of regulation and oversight for public corporations?
Subject to government regulations and oversight
Subject to market forces and regulations imposed by industry standards
Not subject to any regulations or oversight
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What is a public corporation and how does it differ from a private corporation?
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What is the role of the management team in a public corporation, and how are they appointed?
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