• 1 Marks

BF – Nov 2015 – L1 – SA – Q16 – Basic Management Functions

Identifying how public sector strategy differs from private sector strategy.

Strategy in the public sector differs from that in the private sector because:
A. They do not have customers
B. They do not have stakeholders
C. Planning horizons are determined by political considerations rather than market conditions
D. They do not have to make a profit
E. They do not manage cost

C

Explanation:
The correct answer is “C. Planning horizons are determined by political considerations rather than market conditions.”
Explanation: In the public sector, strategies are often influenced by political factors, whereas private sector strategies are typically driven by market conditions and profit motives.

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