Advertisements
Advertisements
Question
Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:
Decision taking.
Solution
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.
APPEARS IN
RELATED QUESTIONS
The public sector in India owes its origin in ______ the Industrial policy resolution of the Government of India.
Write the objectives of Public sector.
______ is the key of economic development of a country.
The Joint sector companies – Example ______.
______ save foreign exchange by way of import substitution.
What is the life expectancy revealed by Health Ministry?
Give a brief account of NITI Aayog.
The life cycle of the people increases due to ______.
The 1991 industrial policy gave more freedom to the ______ sector.
LIC, Air India, The Reserve Bank of India, Electricity Board come under the ______ type of organisation.
