PRIVATISATION Flashcards
1
Q
What does privatisation involved?
A
Moving functions previously provided by the government to the private sector, in order to be run like businesses for a means of profit
2
Q
Define endogenous privatisation
A
Endogenous privatisation refers to when institutes bring in different values etc from the private sectors to make the public sector more business like. For example, efficiency and target setting.
3
Q
Define exogenous privatisation
A
Refers to externally recruiting services such as cleaning companies or or exam boards
