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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › public sector organizations
can public sector organizations profit seeking as well as non profit?
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.
