BUISENESS MANAGEMENT
BUSINESS STRUCTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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an enterprise that is owned and controlled by the state
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an enterprise that sells shares on the Stock Exchange
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an enterprise that is in the private sector
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a business run by members of the public
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Detailed explanation-1: -public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.
Detailed explanation-2: -a corporation, owned and operated by a government, established for the administration of certain public programs.
Detailed explanation-3: -A public corporation is that form of public enterprise which is created as an autonomous unit, by a special Act of the Parliament or the State Legislature. It is also known as a Statutory corporation because it is created by a Statute. Was this answer helpful?
Detailed explanation-4: -A public corporation is a separate legal entity with perpetual succession and common seal. It has an existence, independent of the Government.