Comparison of the organisation - SS2 Government Past Questions and Answers - page 1
1
What is a public corporation?
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A
An organization owned and operated by the government
B
An organization owned and operated by private individuals
C
An organization owned and operated by a non-profit organization
2
How is the board of a public corporation typically appointed?
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A
Appointed by the government
B
Appointed by the government
C
Appointed by the CEO
3
What is the difference in funding sources between public and private corporations?
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A
Public corporations rely on government funding, while private corporations raise capital through stocks or bonds
B
Public corporations raise capital through stocks or bonds, while private corporations rely on government funding
C
Public and private corporations have the same sources of funding
4
Who is responsible for the day-to-day operations of a public corporation?
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A
The board of directors
B
The shareholders
C
The management team
5
What is the level of regulation and oversight for public corporations?
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A
Subject to government regulations and oversight
B
Subject to market forces and regulations imposed by industry standards
C
Not subject to any regulations or oversight
6
What is a public corporation and how does it differ from a private corporation?
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7
What is the role of the management team in a public corporation, and how are they appointed?
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