-
Associations and Enterprises | Week 13 Topics
-
Co-operative Societies I | Week 23 Topics
-
Co-operative Societies II | Week 33 Topics2 Quizzes
-
Public Enterprises | Week 45 Topics1 Quiz
-
Limited Liability Companies | Week 54 Topics
-
Formation of Limited Liability Companies | Week 61 Topic
-
Limited Liability Companies III | Week 73 Topics3 Quizzes
-
Trade Associations and Other Enterprises | Week 81 Topic
-
Chamber of Commerce | Week 91 Topic
-
Other Forms of Trade Association | Week 101 Topic1 Quiz
Advantages of Public Enterprises:
1. Government has enough capital to invest in the establishment expansion and growth of the enterprises.
2. It is a legal entity, that is it can sue and can be sued.
3. It has a perpetual life existence.
4. It is accountable to the general public.
5. It helps in generating revenues for the government.
6. It provides infrastructural facilities for the citizens.
Disadvantages of Public Enterprises:
1. The operation of these corporations is faced with great inefficiency.
2. It takes time to make and carry out decisions.
3. It requires an enormous amount of capital to run these enterprises.
4. Laxity on the part of the staff of the enterprises also affects their overall efficiency.
5. Poor conditions or services in the enterprises usually affect the dedication of workers.
6. Frequent replacement of the board members and the policies of the enterprise has a negative impact on the organizations.
7. Most government officials use it as an avenue to mismanage and misappropriate the nation’s resources.