What are the characteristics of public enterprises?

QuestionsCategory: QuestionsWhat are the characteristics of public enterprises?
Rajesh Sharma asked 9 months ago

What are the characteristics of public enterprises?

1 Answers
Aftab Alam answered 9 months ago

There are many characteristics of Public Enterprises. Some are the following:
Government Ownership and Management: The Public Enterprises has government ownership on the units or authority. So, the government takes care of business or authority.
Financed form Government Funds: The Public Enterprises is fully or partly funded by government.
Public Welfare: The main purpose of making the public enterprise is to provide services to the public.
Public Accountability: The Public enterprises has Public accountability.
Excessive Formalities: The Public enterprises has excessive formalities.
Public Utility Services: The Public enterprises is made for the purpose of Public Utility Services.

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