Value for money in the private sector is concerned with what?
A.
Getting the best price possible
B.
Shareholder profit and business benefit
C.
Ensuring taxpayers’ money is spent wisely
D.
Getting the best quality possible
The Answer Is:
B
This question includes an explanation.
Explanation:
Explanation
Value for money in the private sector is about achieving shareholder profit and busines benefit (p.66). In the public sector it is about ensuring taxpayers’ money is spent wisely. Value for money is a mixture of price and quality.
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