Explain the meaning and features of public enterprises.

1.	Explain the meaning and features of public enterprises.
Answer» According to A.H Hanse, “Public enterprises mean state ownership and operation of industrial, agricultural, financial and commercial undertakings”. Features of public enterprises: 1. A public enterprise is organized for the benefit of the public at large. 2. A public enterprise is usually large in size. 3. A public enterprise is not does not enjoy flexibility of operations.

Answer»

According to A.H Hanse, “Public enterprises mean state ownership and operation of industrial, agricultural, financial and commercial undertakings”.

Features of public enterprises:

1. A public enterprise is organized for the benefit of the public at large.

2. A public enterprise is usually large in size.

3. A public enterprise is not does not enjoy flexibility of operations.

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