Advertisements
Advertisements
Question
Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:
Timely completion of projects undertaken.
Advertisements
Solution
The private sector's focus is completing projects on time due to its focus on efficiency, competition, risk management, client satisfaction, and quick decision-making. In contrast, the public sector faces bureaucratic hurdles, political influences, and budget constraints that can hinder timely completion.
APPEARS IN
RELATED QUESTIONS
______ is governed by a company law and controlled by the Government as principal major share holders.
Name some indicators that measure socio-economic development.
Write briefly explain the history of public sector.
Explain any five measured indicators of socio-economic development.
What are the importance of public sector?
Write the differences between public and private sector.
______ is the mixture of merits of both capitalism and Socialism.
Nehru’s vision was carried forward by ______.
STC is a ______.
What is a mixed economy?
