ATAR Notes: Forum
VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Business Management => Topic started by: haygirl on September 20, 2010, 11:28:37 am
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What is the main difference?
I know that GD are government bodies found in all levels of gov. and provide community services; such as edu. transport etc..
I know that GBE are is a gov. owned and run organisation such as vicroads and Aust post...
I lost half a mark on this in my SAC (the ^above it not my full answer) just wondering what is a difference between them that could be highlighted?
:) Thanks
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Departments aren't in the pursuit of profit, whereas gbe's are expected to (because they are run by a business)
Departments source of income is from government revenue (mostly taxes), whereas gbe's source of income is primarily from the goods/services they provide
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Thanks.. Thats what i was thinking... but couldn't find anything in my book or on the net that made it clear :)