1.

Define the term public enterprises ​

Answer»

ANSWER:

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. Utilities (gas, electricity, etc.), broadcasting, telecommunications, and certain FORMS of transport are examples of this kind of public enterprise.



Discussion

No Comment Found