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Justify the following statement. Departmental Organisations are run for providing public services. - Organisation of Commerce and Management

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Question

Justify the following statement.

Departmental Organisations are run for providing public services.

Short/Brief Note
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Solution

  1. Departmental Organisations are the oldest forms of public enterprises.
  2.  Indian railways, post office, defence, All India Radio are the Departmental Organisations.
  3. Indian Railways give services to public.
  4. The main Objective of Departmental Organisations is to provide services to public.
  5. The private sector aims at Profit maximization while public sector aims to provide reliable services to customers.
  6. Thus, Departmental Organisations are run for providing public services.
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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 116]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 5 Forms of Business Organisation - II
EXERCISE | Q 6. 1) | Page 116
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