Year 9 - BST - 27.5.14

.bloggThai Sikh International School

E-Learning Programme – Online Assignment –27/05 /2014

Name :                                                                                                Subject :  Business Studies

      Year   :           9 A/B                                                                          No. 13

                                                            REVISION

Pakistan has decided to sell off the State owned “Pakistan Telecommunication Company (PTC) to the private sector.  It will become a public limited company in the private sector.  The government’s reasons for this privatization are  ‘to make the business more efficient and profitable and to meet  customers  needs.  Some stakeholders groups are opposed to this move.  Many workers may lose their jobs to save costs and consumers in remote rural districts fear that they may lose their telephone connection, if PTC is not supported by the government.

   1.      What are the organizations in the private sector?

   2.      What are the organizations in the public sector?

   3.      Explain  any three  differences between a private limited company and a public limited company?

   4.      Explain any two advantages of a public corporation?

   5.      Explain limited liability