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 [...]
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 the department. 2. Such an [...]