Business Studies, asked by riyabiswas5826, 9 months ago

Compare the company form of organisation with the statutory corpration which of the two would you recommend for managing public enterprises and why

Answers

Answered by meenayadav45411
0

Answer:

· (1)Formation: Formation of Statutory Corporations is easy. It can be easily formed by passing Special Act, either at Legislature Assembly or at Parliament. (2) Autonomy: Statutory corporations can have its own working pattern. ... (3) Flexibility: Statutory corporations enjoy full flexibility in its operations

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Answered by TheDreamCatcher
4

Explanation:

There are three different forms of organisation used for the public sector enterprises in India. These are (1) Departmental Undertaking; (2) Statutory (or Public) Corporation, and (3) Government Company.

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