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A parastatals is a government organization. They do what the government tells them. A public corporation is owned by the members of the public, via shareholding.
Mismanagement of the parastatals by the top management is one of the causes of financial failure. Corruption and the use of the traditional methods are also the other causes of the financial failure in parastatals.
Advantages and disavantages of parastatals companies
Advantages and disavantages of parastatals companies
function of the parastatals
Advantages and disavantages of parastatals companies
Who gains control of the government eventually and why?
The government's control over the capital has beenceased.The government's control over the capital wasceased.The government's control over the capital will beceased.
A parastatal is an agency or company that is partially or wholly controlled by the government. An advantage is that the company has the entire resources of the nation backing it, so one bad decision that might bankrupt and collapse a private company will not do so with a parastatal.
Answer this question…To accept the control of the government over their lives
The king (pharaoh) keeps control of the government
No, not where the government represents the people.