मराठी

Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case: Decision taking. - Economic Applications

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प्रश्न

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

Decision taking.

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उत्तर

Private sector decision-making procedures are often more efficient than those in the public sector. The public sector frequently faces political considerations, public scrutiny and regulatory constraints. The private sector's swift and efficient decision-making allows for optimal resource allocation and market advantage.

shaalaa.com
Introduction of Public and Private Sector
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2023-2024 (February) Official
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