Easy1 markMultiple Choice
Syllabus A: The business organisation and its external environmentSyllabus AOrganizational TypesPublic Sector
ACCA · Question 33 · Syllabus A: The business organisation and its external environment
Section A
Which of the following is typically the primary objective of a public sector organization (e.g., a state-funded healthcare system)?
Section A
Which of the following is typically the primary objective of a public sector organization (e.g., a state-funded healthcare system)?
Answer options:
A.
To maximize shareholder wealth.
B.
To provide services to the public efficiently and equitably.
C.
To eliminate all market competition.
How to approach this question
Contrast public sector (government-funded, service-oriented) with private sector (profit-oriented).
Full Answer
B.To provide services to the public efficiently and equitably.✓ Correct
Public sector organizations are owned and operated by the government. Their primary objective is not to make a profit, but to provide essential services (like healthcare, education, defense) to citizens in an efficient, effective, and equitable manner.
Common mistakes
Assuming public sector entities operate exactly like private businesses.
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