Business Studies, asked by salviraju9352, 1 year ago

Discuss an two limitations of the government company

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Answered by sushmita1750
9
Limitations of the government company are:

1) EVADES CONSTITUTIONAL RESPONSIBILITY - Such a company evades constitutional responsibility because without getting specific approval of Parliament,a government company can be formed. Reasons for setting up a government company or it's constitution are not discussed by the Parliament.
2) FEAR OF PUBLIC ACCOUNTABILITY - Directors and chief executives of a government never take initiative in intering new areas of activities because they always have a fear of public accountability.

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Answered by veda169
0
hope it is helpful i think
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