Public Sector quiz chap 1

What does the term 'public sector' refer to?

• Private businesses

• Economic and administrative functions for government

• International corporations

• Non-profit organizations

Which ministry is responsible for consumer rights in Malaysia?

• Ministry of Finance

• Ministry of Education

• Ministry of Domestic Trade and Cost of Living

• Ministry of Health

What is a key feature of the public sector?

• Profit-driven objectives

• Direct financial interest for contributors

• Operates within a framework of public authorization

• Ownership can be traded in the open market

What is the main source of financing for the public sector?

• Owner's contributions

• Sales of shares

• Taxation and charges

• Bank loans

Which of the following is NOT a component of the public sector?

• Local government

• Central government

• State government

• Private corporations

What is the primary objective of the public sector?

• Maximize shareholder profits

• Provide public goods and services

• Enhance private sector growth

• Increase market competition

Which act governs the public sector's operational framework?

• Price Control Act 1946

• Companies Act 2016

• Federal Constitution

• Consumer Protection Act 1999

What type of control is primarily exercised over public sector entities?

• Financial control

• Consumer control

• Political control

• Market control

Which of the following is a responsibility of the Ministry of Science, Technology and Innovation?

• Consumer rights protection

• Public health management

• Quality assurance of products

• Tax collection

What is the relationship between federal and state governments primarily concerned with?

• Private sector growth

• Legislative, financial, and executive matters

• International relations

• Cultural exchange