DEFINE PUBLIC ENTERPRISES AND DISTINGUISHED BETWEEN PRIVATE AND PUBLIC ENTERPRISES. Freinds please give me full explanation...........
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Answer:
A state-owned enterprise is a business enterprise where the government or state has significant control through full, majority, or significant minority ownership. Defining characteristics of SOEs are their distinct legal form and operation in commercial affairs and activities.
Explanation:
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Secondary School Business studies 13 points
Difference between private and public enterprises in tabular form
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sachinarora2001
sachinarora2001 Genius
Private enterprise refers to the enterprise owned, managed and controlled by private persons.
Public enterprise refers to the enterprise owned, manage and controlled by government.
Private enterprise main motive is earning profit.
Public enterprise main motive is to render service to general public.
Private enterprise involves no rules and regulations.
Public enterprise involves lot of rules and regulations.
Private enterprise involves funds from individuals.
Public enterprise involves funds from government.
Private enterprise - BHEL, TATA, BIRLA, GODREJ.
Public enterprise - FCI, LIC, RBC.
Answer:
Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly. Utilities (gas, electricity, etc.), broadcasting, telecommunications, and certain forms of transport are examples of this kind of public enterprise.
(Public Enterprise):--
A public enterprise is an enterprise or business that the public, often the government, controls. Since the government is an agent of the people, or public, ownership by the government is the ultimate form of public ownership, particularly in a democratic nation. In theory, you and every other citizen have an ownership interest in a government-owned or controlled public company. This is not limited to federal governments; locally owned or controlled enterprises, such as municipal water and sewer companies, are also public enterprises. The government has the final say on the directors of the enterprise and major policy decisions. Any profits are either invested back into the company, or they go to the government.
(Private Enterprise):--
A private enterprise is one that private citizens own or control. This can be anything from sole ownership to large publicly traded corporations. Rather than the government, the owners choose the board of directors of a private enterprise, and profits distributed among the owners or shareholders. The government has no direct say in the running of the enterprise. This type of enterprise is also known as free enterprise.
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