Question

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what are the meanings of public Enterprises write its feature?​

Answer 1

Answer:

Concept of Public Enterprise: All those enterprise which is owned, managed and controlled by government is called public enterprise. The enterprise may be fully owned by government or the majority of the shares are held under the control of the government

Answer 2

Answer:

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Concept of Public Enterprise:

All those enterprise which is owned, managed and controlled by government is called public enterprise. The enterprise may be fully owned by government or the majority of the shares are held under the control of the government. Public enterprise is established by government with the main objective of providing service of to the general public. In general, public enterprise are established by government for those sectors which are either too huge for private sector to invest or has low profit margin. Since, public enterprise is established by government and government is formed by people. Therefore, public enterprise is accountable towards general public. Although, public enterprise is established with the service motive, the business element cannot be completely ignored. Thus, public enterprise also charges certain price including profit in order to ensure survival and growth of the entity. 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. Nepal Telecommunication, Nepal Airlines Corporation, Rastrya Beema Sansthan, Nepal Bank, Nepal Banijya Bank are some of the examples of public enterprises in Nepal.

Explanation:

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