Question

Ten difference between private enterprises and public enterprises

Answer 1

Answer:

Private enterprise refers to the enterprise owned, managed and controlled by private persons.

Public enterprise refers to the enterprise owned, manage and controlled by government.

Private enterprise main motive is earning profit.

Public enterprise main motive is to render service to general public.

Private enterprise involves no rules and regulations.

Public enterprise involves lot of rules and regulations.

Private enterprise involves funds from individuals.

Public enterprise involves funds from government.

Private enterprise - BHEL, TATA, BIRLA, GODREJ.

Public enterprise - FCI, LIC, RBC.