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Question
Which of the following has the power of the government and the considerable amount of operating flexibility of public enterprise?
Options
Department undertaking
Statutory corporations
Government companies
All of the above
MCQ
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Solution
All of the above
Explanation:
- Departmental Undertakings, Statutory Corporations, and Government Companies are all forms of public enterprises.
- Each is created by the government, so they all have government powers and authority.
- At the same time, each is given significant operational flexibility in order to function efficiently and commercially.
- As a result, all three systems mix government control with differing degrees of operational independence.
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