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Answer» There are many differences between a private enterprise and s state enterprise. The main differences are: | Private Enterprises | State Enterprises or Public Enterprises | | 1. A private enterprise enjoys more flexibility of operations. | 1. A state enterprise does not enjoy flexibility of operations | | 2, A private enterprise is considered to be more efficient. | 2. A state enterprise is not as efficient as a private enterprise in not as efficient as a private enterprise. | | 3. A private enterprise is free from political interference. | 3. A state enterprise may not be completely free from political interference. | | 4. Private enterprises often result in exploitation of laborers. | 4. State enterprises give a fair deal to laborers. | | 5. A private enterprise is owned and managed by private individual or individuals. | 5. A state enterprise is owned and managed by the Government. | | 6. A private enterprise is organized for the benefit of a few private individuals. | 6. A state enterprise is organized for the benefit or the public at large. | | 7. A private enterprise may be small or large in size. | 7. A state enterprise is usually large in size. | | 8. Profit is the main motto of a private enterprise. | 8. Service is the main motto of a state enterprise. | | 9. A private enterprise may not come forward to undertake risky ventures. | 9. A state enterprise often undertakes risky ventures avoided by the private enterprises. | | 10. Private enterprises lead to concentration of wealth and income in the hands of a few individuals. | 10. State enterprises lead to distribution of wealth and income among the entire public. |
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