Question

Loss of budgetary support public sector
explain it
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Answer 1

Answer:

The Loss of Budgetary Support by Public Sector Enterprises highlight the impact of government policy changes on the business and industry. To survive the increased competition, the public sector enterprises have realised the need for improving the efficiency and productivity.

Explanation:

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Answer 2

The policies of liberalisation, privatisation and globalisation by the government affect the functioning of the business enterprises. The Loss of Budgetary Support by Public Sector Enterprises highlight the impact of government policy changes on the business and industry. To survive the increased competition, the public sector enterprises have realised the need for improving the efficiency and productivity. They have reduced their reliance on budgetary support to cover their losses.

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