Which of the Following Is a Benefit of a Private

question 10

Multiple Choice

Which of the following is a benefit of a private finance initiative?

• A) Commercial organizations are better at understanding and managing financial risk.
• B) The initial transaction costs can be extremely high as it takes time to finalize the contract.
• C) Firms in the private sector can raise funds at a lower rate than government.
• D) Project and budget overruns are usually high for projects undertaken by firms in the

Recognize the impact of personal decisions on financial planning, including opportunity costs.

Comprehend different financial institutions and their roles in personal finance.

Calculate the impact of interest rates on savings and investments.

Understand the components of financial planning and their importance.

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Definitions:

Computer Technology

The use and study of computers and other electronic devices to store, process, and exchange data, significantly impacting society and business operations.

Customer Service

The help and counsel delivered by a firm to customers who acquire or employ its offerings.

Process Reengineering

The systematic analysis of work processes to design new and better ones.

Design

The process of creating and planning products, services, systems, or experiences to fulfill specific functions, meet user needs, or achieve desired outcomes.