What are the forms of organisation in public enterprises?
Public enterprises, also known as public sector undertakings (PSUs), are organizations owned and operated by the government. They exist to provide goods and services while fulfilling social, economic, and strategic objectives. There are several forms of organization in public enterprises:
1. Departmental Undertakings:
- Structure: Operate as part of a government department, without separate legal identity.
- Control: Directly managed by government officials and funded through the government budget.
- Examples: Postal services, railways.
- Advantages: Close government control ensures alignment with public policies.
- Disadvantages: Bureaucratic procedures, ________ ________ ___ ______ ____.
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