Question

What is the guiding principle behind new Public management?
a) Profit Maximization
b) Introducing private sector business principles into the public sector
c) Replacing public management with private sector management
d) Restructuring public organizations
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Answer 1

Answer:

Replacing public management with private sector management

Answer 2

The guiding principle behind new public management is OPTION B: Introducing private sector business principles into the public sector.

• The goal of the new public management is to bring private-sector business practices into government.
• The public sector consists of government-owned and operated businesses that provide public services.
• Voluntary organizations and other public-sector organizations are not in the profit-making business.
• The private sector, or profit-making component of the economy, is managed by individuals and businesses rather than the government.
• As a result, any for-profit company that isn't owned or operated by the government is covered.
• Charities and other non-profit organizations fall into the voluntary sector, while government-owned businesses and corporations go into the public sector.