Different Business Forms (AQA A-Level Business): Quizzes

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Public sector organisations
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What does the public sector refer to?

Economy owned & controlled by govt/councils

How are public sector organisations primarily funded?

Through taxation

What is the primary goal of public sector organisations?

Provide services to citizens

What service does the NHS provide in the UK public sector?

Healthcare services

What are nationalised industries?

Businesses under govt ownership & control

Which of these was a formerly nationalised industry in the UK?

Telephone services

What is privatisation?

Converting govt-owned industries to private

Why did the UK government pursue privatisation?

To increase efficiency via competition

When was British Telecom (BT) privatised?

1984

Who owns private sector organisations?

Private individuals or shareholders

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