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Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case: Timely completion of projects undertaken. - Economic Applications

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प्रश्न

Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:

Timely completion of projects undertaken.

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उत्तर

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.

shaalaa.com
Introduction of Public and Private Sector
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2023-2024 (February) Official
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