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WorksheetsChap 6 Government and Political Involvement
Total questions: 20
Worksheet time: 10mins
Choose the correct definition for transportation supply
the provision of transport infrastructure, services and networks by the private sector for a specific period of time
the provision of transport services by the private sector for a specific period of time and in a specific geographical area
the provision of transport infrastructure, services and networks by the private sector and the government for a specific geographical area
the provision of transport infrastructure, services and networks by the private sector and the government for a specific period of time and in a specific geographical area
Transportation supply consists of the following: (Choose all that apply)
Infrastructures
Service
Network
Firms
Labor
Transportation suppliers consists of:
Government, Private sectors and Individuals
Only the government
Government and Private sectors only
Private sectors and Individuals only
Below are the reasons behind government's role in transport supply EXCEPT:
Important for economic/strategic purposes
High investment
Not conducive for market competition
Public service
Loss making ventures
Why transport must be regulated? (Hint: More than one answer)
the basis of operations
controlling monopolies
controlling excessive competition
controlling movement of people
Which of the statement below is false?
Rail transport is largely privately owned in developing countries.
Air transport operates internationally and include state owned airlines as well as privately owned airlines.
Sea transport is largely owned by the public sector.
Road freight transport is mostly owned by the government sector.
True
False
Public Private Partnerships (PPP) is defined as_____
joint venture between private sector firms and public sector agencies.
joint venture between private sector firms and international partners.
joint venture between the government and public sector agencies.
joint venture between private sector firms and individuals.
Built Own Operate Transfer (BOOT) means_____
financing arrangement in which a developer designs and builds a complete project or facility (at little or no cost to the government or a joint venture partner)
financing arrangement in which a developer designs and builds a complete project or facility (at a significant cost to the government or a joint venture partner).
financing arrangement in which a developer designs and builds a complete project or facility (with the government or a joint venture partner providing financial assistance).
financing arrangement in which the government designs and builds a complete project or facility (at little or no cost to the private sector or a joint venture partner)
The definition of Built Operate Transfer is when a private entity receives a franchise from the public sector to finance, design, construct and operate a facility for a specified period, after which ownership is transferred to the private sector.
True
False
Privatization methods include:
BOT, BOO, BTO and BOOT
BOO & BTO only
BOOT and BOT only
BOOT only
Privatization takes place where the private sector provides transport services with government funds.
True
False
Below are reasons privatization of transport supplies is encouraged EXCEPT:
it complements any shortcomings of government supply
considered more effective and efficient
helps reduce corruption
it overcomes limitation of government budgets
There are three types of ownership and organization in transport: partnership, limited liability company and cooperatives.
True
False
Private sector supplies transport in the form of infrastructure, services and networks.
True
False
Objectives of MOT are as follows, EXCEPT:
To create a competitive environment in transportation industry.
To develop an integrated transportation infrastructures networks based on supply driven
To enable the company to improve their economic situation through joint ventures
To implement an efficient, modern and high-tech transportation system.
To develop the public and goods transportation services which is seamless, safe and excellent.
Define regulation
The amount of government influence in daily business activities, varying from providing legal procedures in which business should be operated locally and internationally to a government or private ownership
The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.
Imposition of compulsory levies on individuals or entities by governments.
The transfer of ownership, property or business from the government to the private sector.
The followings are examples of social cost of transport EXCEPT
Pollution
Congestion
Accidents
Maintenance
GrabCar, private car ride-hailing services is the example of individual supply in transport sector.
True
False
The followings are true about organization structure under Ministry of Transport, EXCEPT
Road Transport Department
Johor Port Authority
Railway Assets Corporation
Malaysia International Shipping Corporation
