Scribd
Upload
13 views

BST

Uploaded by

Suraj Agarwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
13 views

BST

Uploaded by

Suraj Agarwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Ch- 3 private public and global enterprise

Forms of public features Advantages disadvantages


sector enterprise
Departmental Operate under the Easy formation- no Inflexibility- too
undertaking – it is overall control of registration is much interference of
department of one ministry of necessary. ministers and top
government which central or state Effective control. officials.
functions under the government. Optimum utilization Lack of motivation-
control of ministry. Financed from of funds. promotion are on
Suitability- annual budget of Accountability. the basis on
defense , aircraft, government. Secrecy- government seniority and not on
airway, broadcasting, Revenues are can avoid disclosure efforts.
iron and steel deposited in on plea of public Inefficient
treasury of the interest. management-
government. Public revenue. officials are
No separate overburden with
existence other than paper works.
government. Lack of financial
autonomy
Public/statutory Created by the act Quick decisions- less Autonomy on paper
corporation- formed of parliament. formalities. only.
by special act of It is a separate legal Administrative Lack of initiative.
parliament or by entity. autonomy. Rigid structure.
the central or state Managed by board Financial autonomy’ Unfair practice.
legistrature. of directors who are Professional
nominated by the management.
government.
It is financed by the
government and can
arrange its own
fund.
Government Registration- Administrative Autonomy on paper
companies- those incorporated under autonomy. only.
companies in which companies act 2018. Flexibility. Political
51% of paid up Separate legal Efficient staff. interference.
share capital is held entity. Collaboration. Board pact with
by central or state Ownership- owned government
government or by governed in the representatives.
partly by central or name of president.
state government Accountability-
accountable to the
ministry or the
department concern,
its annual report is
presented in the
parliament.
Multi-national Giant size and huge capital resource.
companies/global Centralize control.
enterprise. - owned Advance technology.
and mange in two Marketing strategies.
or more countries.
For example- coco-
cola, Sony,
Samsung,LG
Public private Contract between public sector and private party.
partnership. Sharing of revenue.
Provision of capital subsidy.
High priority projects and public welfare.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy