Privatised companies are public sector organisations sold to the private sector.

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Multiple Choice

Privatised companies are public sector organisations sold to the private sector.

Explanation:
Privatisation means transferring ownership or control of a public sector organisation to private sector ownership. When a public sector organisation is sold to private investors, it becomes privatised, which is exactly what the statement describes. The other descriptions aren’t the same: a merger between private sector entities and the government is about combining entities rather than transferring ownership from public to private; privatising a non-profit health service isn’t a standard definition and could be misleading about ownership or purpose; and selling all government assets implies a total liquidation, which isn’t required or implied by privatising a single company.

Privatisation means transferring ownership or control of a public sector organisation to private sector ownership. When a public sector organisation is sold to private investors, it becomes privatised, which is exactly what the statement describes.

The other descriptions aren’t the same: a merger between private sector entities and the government is about combining entities rather than transferring ownership from public to private; privatising a non-profit health service isn’t a standard definition and could be misleading about ownership or purpose; and selling all government assets implies a total liquidation, which isn’t required or implied by privatising a single company.

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