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Joint Venture & Public Sector

Total questions: 10

Worksheet time: 20mins

Name
Class
Date
1.

Public sector enterprises are owned by the:

a)

government ministers

b)

members of the public

c)

government

d)

board of directors

2.

Public corporations are financed mainly through:

a)

selling shares to the public

b)

selling debentures

c)

owners' own contribution

d)

taxation

3.

Which of the following is NOT true of a public corporation?

a)

the directors run their business according to their wishes

b)

their main objective is not profit

c)

they provide service to the people free or at low cost

d)

They are mostly nationalized industries

4.

All of the following are advantages of public corporations, except:

a)

they attempt to avoid job losses

b)

they aim to maximise profits

c)

they provide important public services

d)

they are important for some strategic industries

5.

All of the following are objectives of public sector enterprises, except:

a)

financial

b)

service

c)

social

d)

expansion

6.

Which one of the following enterprises is a state-owned?

a)

Fantasy

b)

Agora

c)

Maldives Posts

d)

Ghiyasuddin International School

7.

All of the following are disadvantages of public corporations, except:

a)

government subsidy can lead to inefficiency

b)

lack of incentive to increase consumer choice

c)

government can misuse them for political reasons

d)

government owns natural monopolies to avoid wasteful competition

8.

The world's biggest retailer having outlets all around world is:

a)

Alibaba

b)

Walmart

c)

Coca-cola

d)

Carrefour

9.

Which one of these businesses is an example of joint venture in Maldives?

a)

MTCC

b)

STELCO

c)

Gamma Island Food

d)

MPL

10.

How do you rate today's activity?

a)

Most interesting

b)

Very Interesting

c)

Interesting

d)

Not so interesting