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: Characteristics, Advantages and Limitations
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Departmental Organisation: Characteristics, Advantages and Disadvantages
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After reading this article you will learn about:- 1. Characteristics of Departmental Organisation 2. Advantages of Departmental Organisation 3. Disadvantages. Characteristics of Departmental Organisation: A departmental organisation has the following characteristics: 1. The management of such enterprises is in the hands of the government. The enterprise is managed and controlled by the civil servants of […]
Government Company: Characteristics, Advantages and Limitations
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After reading this article you will learn about:- 1. Characteristics of a Government Company 2. Advantages of a Government Company 3. Limitations. Characteristics of a Government Company: 1. A government company is formed and registered under the Companies Act, 1956 as a public company or a private company. Provisions of company law are applicable to […]