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
How is the board of a public corporation typically appointed?
Appointed by the government
Appointed by the government
Appointed by the CEO
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
Public corporations rely on government funding, while private corporations raise capital through stocks or bonds
Who is responsible for the day-to-day operations of a public corporation?
The board of directors
The shareholders
The management team
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
What is a public corporation and how does it differ from a private corporation?
A public corporation is an organization owned and operated by the government, while a private corporation is owned and operated by private individuals. Public corporations rely on government funding and are subject to government regulation and oversight, while private corporations raise capital through stocks or bonds and are subject to market forces and industry regulations.
What is the role of the management team in a public corporation, and how are they appointed?
The management team in a public corporation is responsible for the day-to-day operations of the organization. In a public corporation, the CEO and other top executives may be appointed by the government or the board of directors.