s3 Business test

Question 1

identify who controls public sector organisations

Answer 1

Government or Local council

Question 2

Descibe how the public sector is funded Give two examples

Answer 2

The public sector is financed through taxes paid by the public, taxation for eg. through Income Tax, vat and council Tax.

Question 3

descibe public coraptions

Answer 3

Public corptions are business organisations which are owned by central government for us . The government appoints a chair person and board of Directors to run them on the governments behalf

Question 4

identify An example of Public corpations

Answer 4

The BBC

Question 5

Describe the aims of the Public sector

Answer 5

1 As finance is limited then the government and local council must make sure that they use the money that is available wisely and not waste it

2 To provide The highest Quality of service possible with the resources available.

3. To Obtain finance Through Taxation eg Through Income Tax, VAT and council Tax.

4 To Reduce Spending

Question 6

Identify Two examples of a Third sector organization

Answer 6

NUFFIELD HEATH

CHILDRENS AID FOUNDATION

Question 7

How the third sector organization raise finance

Answer 7

They raise funds from Donations, Fundrasing activites, and membership fees

Question 8

Outline the aims of a third sector organization

Answer 8

To raise as much funds as possible

To help animals/people

to open more branches- CHarity shops

to provide a service for their members.