ICAP PRC-3 Business And Economic Insights Practice Questions - ICAP PRC-3 (PRC-03) Business And Economic Insights - Pre-Requisite Competencies, Pakistan Exam

A public-sector company in the PRC-3 sense is best described as:

An enterprise owned or controlled by government for public or strategic objectives Any sole trader selling to government departments A partnership of private investors only A foreign franchise with no local ownership

Correct Answer:

An enterprise owned or controlled by government for public or strategic objectives

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