Question

conclusion on public sector enterprise​

Answer 1

Answer:

Public sector organizations attempt to emulate and adapt the processes of private sector organizations in the hope of better effectiveness in how they operate. This is done by introducing the concept of New Public Management, the implication of quasi-markets and competition, analysing the basis for and the impacts of changing the structure and composition of the organization, modifying managerial and decision-making processes, and other such measures. This book addresses issues regarding how professionalism and accountability are an influence in connection with the said changes in the public sector. However, because of legality issues, public sector organizations will always be somewhat ‘public’. This final chapter provides a summary of the most relevant concepts and issues discussed in the book.

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Answer 2

Answer:

Public enterprises have been promoted and established by various governments all the world over, in particular in public utility areas such as power and water. ... In India, the railways were private enterprises, but they were soon taken over by the State - the legacy of the colonial era thus passed into the public sector.