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  • Introduction To Business

    Transféré par

    arctushar
    978 vues10 pages
    State enterprises are commercial or industrial organizations owned and controlled by the government. They have features like ownership and control by the state, capital provided by the government, limited liability, and bureaucratic management. Objectives of state enterprises include public welfare, controlling monopolies, industrial development, and employment creation. Advantages are maintaining price stability and controlling essential industries, while disadvantages include inefficiency and political intervention. Suitable fields include basic industries, public welfare, defense, and industries using natural resources.

    Description originale:

    State enterprise by Ataur Rahman, professor, university of dhaka

    Titre original

    introduction to business

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    © Attribution Non-Commercial (BY-NC)

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    State enterprises are commercial or industrial organizations owned and controlled by the government. They have features like ownership and control by the state, capital provided by the government, limited liability, and bureaucratic management. Objectives of state enterprises include public welfare, controlling monopolies, industrial development, and employment creation. Advantages are maintaining price stability and controlling essential industries, while disadvantages include inefficiency and political intervention. Suitable fields include basic industries, public welfare, defense, and industries using natural resources.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PPT, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    978 vues10 pages

    Introduction To Business

    Transféré par

    arctushar
    State enterprises are commercial or industrial organizations owned and controlled by the government. They have features like ownership and control by the state, capital provided by the government, limited liability, and bureaucratic management. Objectives of state enterprises include public welfare, controlling monopolies, industrial development, and employment creation. Advantages are maintaining price stability and controlling essential industries, while disadvantages include inefficiency and political intervention. Suitable fields include basic industries, public welfare, defense, and industries using natural resources.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PPT, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 10

    Chapter-13 State Enterprise

    Definition of State Enterprise Page No-411


    Professor Hanson: "State Enterprise is the operation of commercial or industrial organization undertaken by the state. Bissownath Ghosh: "State enterprise is the business which is owned and controlled by the state." Mr. N.C. Roy Chowdhury: "State Enterprise is the business which is owned by the Government"

    Features of State Enterprise


    Features of State Enterprise

    Page No-412

    1. 2. 3. 4. 5. 6.

    Formation Ownership Capital Purpose Legal entity Distribution of profit 7. Limited liability

    8. Autonomy 9. Administration and management 10. Risk taking 11. Size 12. Accountability 13. Bureaucratic management 14. Winding up

    Objectives of State Enterprise


    Objectives of State Enterprise

    Page No-413

    1. To do public welfare 2. To control monopoly market 3. To develop monetary and banking systems 4. To control export-import business 5. To help in national economic development 6. To create employment opportunity

    7. To help rapid industrialization 8. To control essential and life saving goods 9. To maintain price stability of products 10. To increase capital 11. To establish heavy and basic industries 12. To establish risky business

    Advantages or Arguments in Favor of State Enterprise


    Advantages of State Enterprise 1. Public welfare 6. Maintaining price stability of 2. Dissolve monopoly products 3. Preservation of wealth 7. Prevention of heartfelt 4. Employment competition opportunity 8. Controlling money market 5. Industrialization 9. Public accountability 10. Research and Development

    Page No-415

    Disadvantages or Arguments against State Enterprise Page No-416


    Disadvantages of State Enterprise

    1. Inefficiency of management 2. Delay in making decision 3. Lack of flexibility 4. Limited fields of operation 5. Nepotism

    6. Strict government control 7. Political intervention 8. Increases wastage and expense 9. Create tax burden on people 10. Problem in keeping secrecy

    Importance or Necessity of State Enterprise Page No-418


    Importance of State Enterprise

    1. Abolition of monopoly 2. Operating public welfare 3. Balanced distribution of wealth 4. Maintaining price stability 5. Operating defense industry

    6. Balanced industrialization 7. Establishing basic and heavy industries 8. Proper utilization of natural resources 9. Operating secret industry 10. Research and development

    Suitable Fields for State Enterprises


    Page No-419
    Suitable Field for State Enterprise

    1. Establishing heavy and basic industries 2. Establishing public welfare industries 3. Establishing defense industry 4. Industry for confidential work

    5. Establishing essential drug industry 6. Control of harmful products 7. Natural resources based industries 8. Currency control and banking systems

    Classifications or Different Forms of State Enterprise Page No-420

    A. B. C. D.

    Government Departmental Organization Statutory Corporation Government Joint Stock Company Government Board Managed Organization

    Thank You

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