Business Studies

Below mentioned are the features of a public enterprise except __________.


ANSWER

both a. and b,


SOLUTION

Characteristics of public sector entities are- 
  • Public accountability.
  • Multiple objectives.
  • Rights, powers and responsibilities 
  • Lack of equity ownership.
  • Operating and financial frameworks set by legislation.
  • The importance of the budget.
  • Governance structures.
  • Nature of resources
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