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A government company decides to collaborate with a foreign enterprise for technical expertise. Why this collaboration is easier compared to other forms of public enterprises? - Commercial Applications

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A government company decides to collaborate with a foreign enterprise for technical expertise. Why this collaboration is easier compared to other forms of public enterprises?

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उत्तर

Collaboration with a foreign enterprise is easier for a government company because of its more adaptable, commercially focused structure. Government companies, unlike statutory corporations or public sector entities, have greater decision-making, financial management, and operational autonomy. This flexibility enables them to negotiate and implement partnerships with foreign firms more successfully, whereas other public enterprises face bureaucratic restraints and rigid regulations that delay such alliances.

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अध्याय 6: Public Sector Enterprises - EXERCISES [पृष्ठ ७७]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 6 Public Sector Enterprises
EXERCISES | Q II. 8. | पृष्ठ ७७
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