They are not owned by the general public
They are not owned by the general public
they are not owned by the general public A+
Government corporations and private corporations both operate in a business-like manner, aiming to provide services and generate revenue. However, government corporations are established by the government to serve public interests, often providing services that may not be profitable for private entities, while private corporations are driven primarily by profit motives and shareholder interests. Additionally, government corporations may receive funding and support from the government, whereas private corporations rely on private investment and market performance.
private corporations A+
private corporations
private
private A+
The function of government corporations is to serve a public need, in various fields including transportation, finance, communications, and energy. Private corporations can determine their own consumer base and business plans.
The function of government corporations is to serve a public need, in various fields including transportation, finance, communications, and energy. Private corporations can determine their own consumer base and business plans.
government corporations do not perform a particular economic function.
private
From the standpoint of stock sale, there are two kinds of corporations: public and private.