Healthy Foods Ltd. is a leading marketing company of fruit juices. Its 33% of paid-up share
capital is held by UP Government and 22% of paid-up share capital is held by Delhi
Government. It is established under the provisions of Companies Act, 2013.
Identify the enterprise so set up and explain its any two merits.
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The given situation shows that it is a public enterprise .
Merits of public enterprise are :
a) Economies of scale
b) Red tapism minimized
c) autonomy
d) works for social welfare.
hope this helps you :)
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