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
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
To ensure that industries operate in the best interest of the public
Who are public corporations accountable to?
The government and the public
Private investors only
The board of directors
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
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
Promoting social equity, economic development, or environmental sustainability
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 are the benefits of public corporations generating revenue for the government?
The revenue generated by public corporations can be used to fund public programs and infrastructure, which can benefit the public and the economy as a whole.