Some organizations are directly attached to a particular ministery of the central or state government and under the direct control of the concerned minister. Business decisions are the influence by political consideration. (a) state the type of enterprise come under this category. (B) explain it's merit and demerit.
Answers
Answer:
a) answer
1. Choosing the form of business and company registration. Select the most appropriate company form for your business. ...
2. Private entrepreneurs. ...
3. Limited liability company. ...
Cooperative. ...
4. General partnerships and limited partnerships.
demerits of enterprise
1. The high cost of implementation and maintenance. ...
2. Adaptation to the hardware in the company.
3. It is necessary to train all employees in the company so that the system is used efficiently. ...
4. Integration with other applications in the enterprise needed.
5. Inflexibility of the system, because this is a generic system.
merits of enterprise
1. Improved efficiency and reduced operational costs. ...
2. Self-service efficiencies and workload reductions. ...
3. A better ROI on the corporate ITSM solution investment. ...
4. Improved effectiveness. ...
5. Improved visibility into operations and performance. ...
6. Increased control and governance. ...
7. Better service and customer experience.
India is Socialist Democratic Republic. It is not a capitalist country. There are many enterprises which come directly under control of central and state governments. These are financed and controlled by the concerned Ministry. These enterprises are run by government employees and are accountable to the concerned Minister.
Enterprises which Directly Controlled by a Concerned Ministry :
- NTPC, Powergrid, SJVN, etc. under the Ministry of Power.
- Coal India, Neyveli Lignite Corporation of India, etc. under the Ministry of Coal.
- NMDC, HCL, etc. under the Ministry of Mines.
- Enforcement Directorate and IB under Ministry of Home Affairs and many more.
Merits of Such Organisations
- No nepotism as employees are selected by the Public Service Commission of the concerned State or Union. People are selected on the basis of their ability.
- National security is the foremost objective of these organisations as they are directly under the control of the government.
- These organisations are subjected to RTI and audit if demanded.
Demerits on Such Organisations
- Delay in decision making due to lack of funds, red tapism and political interference.
- These organisations find it too hard to catch business opportunities due to political interference.
- Higher chances of corruption.
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