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public sector organizations

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › public sector organizations

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Ken Garrett.
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  • October 17, 2020 at 5:10 pm #589602
    beticopper
    Participant
    • Topics: 69
    • Replies: 13
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    can public sector organizations profit seeking as well as non profit?

    October 17, 2020 at 6:17 pm #589615
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    Yes. Historically, many airlines such as BA were state owned, but were supposed to be profit-seeking too. Of course, because they were state owned they were relatively safe from bankruptcy and did not always pay attention to providing a good service economically.

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