explain the characteristics of public enterprises
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Public enterprises are business organizations established and run by the government. It has some distinct features or characteristics such as government ownership and control, main motive of service, autonomy, continuity etc.
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Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. ... Utilities (gas, electricity, etc.), broadcasting, telecommunications, and certain forms of transport are examples of this kind of public enterprise.
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