Business operations are exposed to different types of risks because of uncertainty. Successful business management must ensure proper safeguard and cover against such potential risks. Some risks may be small and hamper the business operations for some time. Other risks may be very big and may destroy the company or change its course forever. Typically, a company may face several [...]
The difference between public and private companies can be studied under the following headings: Difference - 1. Formation: In case of public company, formation is difficult. Certificate of incorporation and also the certificate to commence business will have to be obtained from the Registrar of companies. Further, consent of the directors and the copy of their contract to purchase qualification [...]
Forms of Public Enterprises with their Merits and Demerits! Public enterprise stands for a concern owned and managed by the State or any other public authority. It also broadly refers to nationalized industries and institutions, which are engaged in production or supply of services. In recent years, the Central and State Governments in India have established many public enterprises conforming [...]