Advantages of public corporation over departmental undertakings
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Hey mate✌️✌️
Advantage of Public corporation ⤵️⤵️⤵️
1) Autonomy in operation ➡️There is no interference of the government in functioning of the public corporation.Thus ,they can pursue their activities independently.
2) Quick Decision ➡️ Decision are taken quickly as there are no unnecessary formalities and red trapism.
3) Effective management ➡️Beside the representative of the employees and the consumer,the government also nominates the professional manager to the board of directors for the corporation.
4) Social service motive ➡️The main and the secondary some of the corporation are social services and profit.
✨ Hope this helps you ✨
Advantage of Public corporation ⤵️⤵️⤵️
1) Autonomy in operation ➡️There is no interference of the government in functioning of the public corporation.Thus ,they can pursue their activities independently.
2) Quick Decision ➡️ Decision are taken quickly as there are no unnecessary formalities and red trapism.
3) Effective management ➡️Beside the representative of the employees and the consumer,the government also nominates the professional manager to the board of directors for the corporation.
4) Social service motive ➡️The main and the secondary some of the corporation are social services and profit.
✨ Hope this helps you ✨
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