ACCA Applied Knowledge · Business and Technology · The purpose and types of business organisation
Which of the following is most likely to be a primary objective of a government-owned public sector hospital?
A public sector hospital's primary objective is to provide healthcare of an agreed standard to the population within its budget. Maximising investor dividends or market share are commercial aims, not typical of a government-owned service provider.
- ATo provide healthcare services of an agreed standard to the population within budgetCorrect
- BTo maximise dividends paid to private investors
- CTo maximise market share against competing hospitals
Explanation
Public sector bodies exist to deliver services for the public benefit, usually with constrained funding, so value for money and service standards are central. Dividends to private investors and market share maximisation are commercial aims not typical of a state hospital.
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