Public and third sector

Question 1

Identify who controls public sector organisations

Answer 1

Government or local council

Question 2

Describe how the public sector is funded

Answer 2

The public sector is funded by local and central governments

Question 3

Describe public corporation

Answer 3

These are business organisations, which are owned by the central government for us

Question 4

Identify an example of a public corporation

Answer 4

BBC

Question 5

Describe the aims of the public sector

Answer 5

To make best use of funds : as finance is limited the government and local council must make sure that they use the money that is available wisely and not waste it

To improve the quality of service offered : to provide the highest quality of service possible with the resources available.

To raise revenue :to obtain finance through tax, VAT and council tax

To cut costs : to reduce spending

Question 6

Identify 2 examples of third sector organisations

Answer 6

Charity and voluntary groups

Question 7

Outline how third sector organisations can raise finance

Answer 7

Third sector organisations can raise finance by receiving donations