This article throws light upon the six main factors that influence the choice of the forms of organisation for state enterprises. The factors are: 1. General Factors 2. Considerations for the Choice 3. The Choice is More Difficult in India 4. In India Government Company Form is Popular 5. Preference to Company Form 6. The Administrative Reform Commission. Factor # [...]
Following are the different forms of organisation for managing state enterprises: 1. Departmental Form of Organisation 2. Public or Statutory Corporation 3. Government Company. 1. Departmental Form of Organisation: Departmental form of organisation is the oldest method of organising and operating the state enterprises. A departmental enterprise is financed and controlled much in the same way as any other government [...]
After reading this article you will learn about:- 1. Characteristics of Public Corporations 2. Advantages of Public Corporation 3. Limitations. Characteristics of Public Corporations: Public corporations have certain basic differences with departmental managements. These differences have given a separate entity to public corporations. Some of the salient features of public corporations are discussed below: 1. Public corporations can sue and [...]