Private, Public, and Global Enterprises

Huge commercial organization which extend their operations through a network of their branches in several countries are known as............................. .

• government organisation

• departmental undertakings

• Statutory organisation

• global enterprises

A long term contract between a private party and a government entity for providing a public asset or service is regarded to as ______________________________

Disinvestments of Public Sector Enterprises was done by _________

• Buying shares of PSE’s

• Investing in new areas

• Sale of equity shares to public

• Closing down private sector

Companies typically pursue Joint Ventures for all of the following main reasons except:

• To gain scale efficiencies

• To bring out regional development

• To access a new market

• To share risks for major investment

The main objectives of public sector is to accelerate the rate of economic growth and industrialization.

• True

• False

The agreement in a partnership is referred to as a Partnership Deed while that in a Joint Venture is referred to as a/an ________________________________________

• Memorandum of understanding

• Legal Contract

The funding of _____ directly comes from government treasury.

• statutory corporations

• Departmental undertakings

• government company

• All of them

Public sector enterprise is owned, managed and controlled by the board of directors of that enterprise.

• True

• False

Which form of Public sector enterprise is most suitable when national security is concerned?

• Government company

• Departmental undertakings

• Public Corporation

• Private sector

In which form of public sector enterprise, private individuals can become owners?

• Statutory corporation

• Departmental undertakings

• Joint Ventures

• Government company