The Department of Posts, trading as India Post, is a government-operated postal system in India, which is part of the Ministry of communication of the government of India. It was formed on 1st October 1854, (a) Identify the type of public sector enterprise been described above. (b) Explain any three features of this form of organization
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Disadvantages:
Lack of Secrecy: As per the legal provisions, a company has to make various statements available to the Registrar of the Companies, Financial Institutions; the secrecy of business comes down. ...
Restrictions: ...
Management Mischief's: ...
Lack of Personal Interest:
Explanation:
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