Question Tag: Privatisation

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PSAF – Mar/Jul 2020 – L2 – Q6 – PSAF – Mar/July 2020 – L2 – Q6 – Methods of Privatisation and Customs Duties

Identify and explain methods of privatisation and the impact of customs and excise duties on economic behaviour.

a. Privatisation may be defined as the transfer of asset, business, industry, or service from public to private ownership and control.
Required:
Identify and explain FOUR methods of privatisation. (10 Marks)

b. The customs and excise authority is one of the key border agencies in any country.
Required:
Explain the terms ‘excise’ and ‘customs duties’ and identify how each is used to influence economic behaviour. (10 Marks)

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BMIS – May 2017 – L1 – Q1a – The business organization and its stakeholders

Describe three benefits and three disadvantages of privatization.

a) Privatisation can refer to the act of transferring ownership of specified property or business operations from a government organisation to a privately owned entity, as well as the transition of ownership from a publicly traded, or owned, company to a privately owned company.

Required:
i) Describe THREE potential benefits of privatisation. (3 marks)
ii) State THREE disadvantages of privatisation.

(3 marks)

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PSAF – Mar/Jul 2020 – L2 – Q6 – PSAF – Mar/July 2020 – L2 – Q6 – Methods of Privatisation and Customs Duties

Identify and explain methods of privatisation and the impact of customs and excise duties on economic behaviour.

a. Privatisation may be defined as the transfer of asset, business, industry, or service from public to private ownership and control.
Required:
Identify and explain FOUR methods of privatisation. (10 Marks)

b. The customs and excise authority is one of the key border agencies in any country.
Required:
Explain the terms ‘excise’ and ‘customs duties’ and identify how each is used to influence economic behaviour. (10 Marks)

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Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "PSAF – Mar/Jul 2020 – L2 – Q6 – PSAF – Mar/July 2020 – L2 – Q6 – Methods of Privatisation and Customs Duties"

BMIS – May 2017 – L1 – Q1a – The business organization and its stakeholders

Describe three benefits and three disadvantages of privatization.

a) Privatisation can refer to the act of transferring ownership of specified property or business operations from a government organisation to a privately owned entity, as well as the transition of ownership from a publicly traded, or owned, company to a privately owned company.

Required:
i) Describe THREE potential benefits of privatisation. (3 marks)
ii) State THREE disadvantages of privatisation.

(3 marks)

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Report an error

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