Provide best service or product to customers.
elimination
Yes it can. Private Enterprises are "Enterprises" in the "Private Sector", which include publicly listed companies.
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While private funding has its limitations, almost all business enterprises are to depend on bank finances to achieve their financial objectives. While government assistance/contributions are not always forthcoming, they also help in flourishment of businesses.
elimination
Public enterprises are need to help accelerate economic growth. These public enterprises give balance and diversity to the development of the economy.
Laxmi Narain has written: 'Managerial compensation and motivation in public enterprises' -- subject(s): Employees, Executives, Government business enterprises, Incentives in industry, Salaries 'Efficiency audit of public enterprises in India' -- subject(s): Auditing, Government business enterprises 'Public enterprises in India' -- subject(s): Corporation reports, Government business enterprises, Public relations
The specific objectives for creating public enterprises include promoting economic development, providing essential services, and ensuring social equity. They aim to address market failures by delivering goods and services that may not be adequately provided by the private sector, especially in sectors like healthcare, education, and infrastructure. Additionally, public enterprises can help generate revenue for the government, create employment opportunities, and stabilize the economy during downturns. Ultimately, they strive to enhance public welfare and improve the quality of life for citizens.
competition embezzlement of public funds corrution
Yes it can. Private Enterprises are "Enterprises" in the "Private Sector", which include publicly listed companies.
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One of the objectives of public organizations is to provide services to the general public. Public organizations also seek to enforce the law and regulate activities.
the roll of public enterprises is important because of pricing, content service of basic need, subsidy, availability of goods and services in remote areas.
public enterprisises are facing problem in india
Satish K. Batra has written: 'Public accountability of state enterprises in India' -- subject(s): Accounting, Government business enterprises 'Legislative control over public enterprises' -- subject(s): Auditing, Government business enterprises, Rajasthan (India), Rajasthan (India). Legislative Assembly. Committee on Public Undertakings
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