What is an acronym used to describe the key elements of an organisatio

ADB is a business which is owned by its workers. The workers share the profits and they each have a vote on how the business is run.Which of the following best describes ADB?

A

Public sector

B

Private sector

C

Not-for-profit

D

Co-operative

Which of the following organisations would rely most heavily on value for money indicators and efficiency rather than information on performance and profitability?

A

A private accountancy college

B

A local authority

C

A small retailer

The term secondary stakeholders describes which group of stakeholders?

A

Stakeholders who conduct transactions with the organisation

B

Stakeholders who have a contractual relationship with the organisation

C

Stakeholders who do not have a contractual relationship with the organisation

Which of the following groups may be considered to be stakeholders in the activities of a nuclear power station?

(i) The government

(ii) Environmental pressure groups

(iii) Employees

(iv) Local residents

A

(i) (iii) and (iv)

B

(i), (ii), (iii) and (iv)

C

(iii) only

D

(i) and (iii) only

An organisation is owned and run by central government agencies. The organisation is best described as which of the following statements?

A

A voluntary sector organisation

B

A private sector organisation

C

A public sector organisation