Business Studies, asked by aahanashaikh1070, 27 days ago

What is the difference between departmental undertakings, public coorporations and government companies?

Answers

Answered by betheoneandonly
0

The main differences between a departmental undertaking and a Government company are:

1. A departmental undertaking does not enjoy autonomy, whereas a Government company has some autonomy.

2. A departmental organisation is liable to political interference, whereas a government company is comparatively free for political interference.

3. A departmental organisation does not enjoy flexibility. But a Government company has enough flexibility.

4. A departmental undertaking has more public accountability than a government company.

5. A departmental undertaking is not run on commercial principles, whereas a Government company is run purely on commercial principles.

6. A departmental undertaking is an old form of state enterprise, whereas a Government company is a modern form of state enterprise.

7. A departmental undertaking is not brought into existence under any act, whereas a Government company is brought into existence under the companies Act.

8. A departmental undertaking does not provide for mixed ownership, whereas a Government company provides for mixed ownership.

9. A departmental undertaking does not have separate legal entity. But a Government company has separate legal entity.

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