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How does a government company strike a balance between fulfilling public welfare objectives and maintaining commercial liability? - Commercial Applications

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How does a government company strike a balance between fulfilling public welfare objectives and maintaining commercial liability?

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उत्तर

A government company combines public welfare and commercial viability by combining social duty and corporate discipline. It protects public welfare by offering vital commodities, services, and infrastructure at reasonable costs, especially in unprofitable locations. Simultaneously, it functions as a commercial organisation, seeking to produce revenue, compete efficiently, and assure responsibility. Thus, it efficiently serves national interests while ensuring financial viability and market competition.

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पाठ 4: Ownership Structures - Joint Stock Company - EXERCISES [पृष्ठ ५४]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
पाठ 4 Ownership Structures - Joint Stock Company
EXERCISES | Q II. 9. | पृष्ठ ५४
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