2. ldentify the form of public sector enterprise in the following
cases
(a) An enterprise managed and controlled by individuals
with an aim to earn profits.
(b) An enterprise established by govt. to participate in
the economic activities of the country.
(c) This is the oldest and traditional form of public
enterprise.
(d)
enterprise in to existence.
(e) It enjoys maximum autonomy in all management
activities.
Answers
Explanation:
andwer will option b and option c
ldentify the form of public sector enterprise in the following cases
(a) An enterprise managed and controlled by individuals with an aim to earn profits.
(b) An enterprise established by govt. to participate in the economic activities of the country.
(c) This is the oldest and traditional form of public enterprise.
(d)enterprise in to existence.
(e) It enjoys maximum autonomy in all management activities.
(b) An enterprise established by government to participate in the economic activities of the country.
(c) This is the oldest and traditional form of public enterprise
(e) It enjoys maximum autonomy in all management activities
All those enterprise which is owned, managed and controlled by government is called public enterprise. The enterprise may be fully owned by government or the majority of the shares are held under the control of the government.
Some features of public sectors enterprises:-
- Government Owned
- Government Controlled and Managed
- Separate Legal Entity
- Perpetual Succession
- Autonomy
- Service Motive
- Public Accountability
- Business Motive
- Notion of Monopoly
- Stable