Question

2. The government is thinking about setting up a new business organisation under
the Indian Companies Act, 1956. It is being decided that the business will compete
with the private companies in true spirit and that the government will exercise

control over the paid up share capital of the business.

a. Identify which form of public organisation is the government thinking to start?

b. State any two merits and demerits each of the business form identified in part a. ( this is a business study case)​

Answer 1

Answer:

Joint sector

Explanation:

Merits:

More job opportunities will be available

The work load and yearly goals will be achieved on time

Demerits:

Loss of transparency due to company policies

Increased chances of corruption oweing to the partnership of private Individuals