The functions of public corporations include the following EXCEPT

JAMB Commerce 2024 126 views
Source: JAMB · 2024

The functions of public corporations include the following EXCEPT

  1. maximizing profits for the board members ✓
  2. providing employment opportunities
  3. providing essential services to the public
  4. providing even development
Explanation

Public corporations exist to serve the public, not to make board members rich.

Their goals are public service, employment, and balanced development across regions.

Private companies maximize profits. Public corporations focus on public benefit.

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