Exam 14: What Role for the Public Sector
Exam 1: Introduction: Business and Its Environment in a Globalizing World20 Questions
Exam 2: The Economic Environment20 Questions
Exam 3: The Technological Environment20 Questions
Exam 4: The Political Environment20 Questions
Exam 5: The Legal Environment20 Questions
Exam 6: The Social and Cultural Environment20 Questions
Exam 7: Can the Marketplace Be Ethical Corporate Responsibility20 Questions
Exam 8: The Natural Environment: Global Warming, Pollution, Resource Depletion, and Sustainable Development20 Questions
Exam 9: How Has Macroeconomic Policy Changed in an Era of Uncertainty20 Questions
Exam 10: Globalization of Business: Good or Bad20 Questions
Exam 11: Does Business Have Too Much Power20 Questions
Exam 12: Is Inequality Bad for Business20 Questions
Exam 13: Creating Effective Trading Blocs: What Lessons Does the European Union Provide10 Questions
Exam 14: What Role for the Public Sector20 Questions
Exam 15: From Starting to Scaling and Beyond: How Do Entrepreneurs and Smes Innovate and Grow20 Questions
Exam 16: Conclusion: Looking Ahead-Managing in a Dynamic Environment5 Questions
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Public spending as a share of national income tends to increase during periods of economic recession.
Free
(True/False)
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Correct Answer:
True
In the context of the global financial crisis the UK government effectively rescued some major banks from collapse by taking them into public ownership. These were: (Please select all that apply.)
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(Multiple Choice)
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Correct Answer:
C, D
UK public spending, as a share of national income, is among the highest of OECD member states.
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(True/False)
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Correct Answer:
False
In his famous blueprint for the post-war welfare state in Britain, Social Insurance and Allied Services (1942), Beveridge identified 'five giant evils', including: (Please select all that apply.)
(Multiple Choice)
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Public sector employment in the UK fell by nearly 1 million between 2009 and 2016.
(True/False)
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What is the largest single component of the British welfare state in terms of spending?
(Multiple Choice)
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The principal reasons for privatization include: (Please select all that apply.)
(Multiple Choice)
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Recent data (2013) comparing the UK with OECD and EU states show that the UK is currently a relatively low spender on healthcare.
(True/False)
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The main role of government today being in the provision of goods and services can be referred to in terms of: (Please select all that apply)
(Multiple Choice)
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The rationale for the welfare state as a correction of market outcomes has a number of elements. Please select all that apply.
(Multiple Choice)
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The principal reasons for nationalization of business are: (Please select all that apply.)
(Multiple Choice)
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From a socialist point of view the systemic flaws of capitalism are: (Please select all that apply.)
(Multiple Choice)
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In the 2017 UK general election campaign the Labour Party made a commitment to 'renationalize' a number of industries, including: (Please select all that apply.)
(Multiple Choice)
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According to liberalism the benefits of a market or capitalist system are: (Please select all that apply.)
(Multiple Choice)
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The private sector comprises: (Please select all that apply.)
(Multiple Choice)
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When looking at long-run changes in the composition of the public sector workforce, the most important trend seems to be:
(Multiple Choice)
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The author of the famous blueprint for the post-war welfare state, Social Insurance and Allied Services (1942), was:
(Multiple Choice)
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