O-LevelCommerceBusiness enterprise7100/11 · Oct/Nov 2012 · Q361 Mark

How does a public sector organisation differ from a private sector organisation?

Adirectors control the organisation

Bit is government-owned

Cit sells shares to raise capital

Dshareholders are responsible for losses

✓ Correct answer

B: it is government-owned

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Topic: Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 36.

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