Reasons for establishing public corporations - SS2 Government Past Questions and Answers - page 1
What is the main reason for establishing public corporations?
Providing public services
Generating profits for shareholders
Avoiding government regulation
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What is the role of public corporations in regulating certain industries?
To ensure that industries operate in the best interest of the public
To maximize profits for shareholders
To promote competition among businesses
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Who are public corporations accountable to?
The government and the public
Private investors only
The board of directors
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What is the purpose of generating revenue for the government through public corporations?
To fund public programs and infrastructure
To distribute profits to shareholders
To reduce taxes for the public
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What are public corporations used for in achieving political goals?
Promoting social equity, economic development, or environmental sustainability
Maximizing profits for shareholders
Reducing government intervention in the market
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What is the accountability of public corporations?
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What are the benefits of public corporations generating revenue for the government?
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