Business Forms

What are the forms of organisation in public enterprises?

Introduction Public enterprises are businesses owned and operated by the government. These organisations aim to serve the public interest and contribute to economic development. In India and many other countries, public enterprises play a key role in sectors like energy, transport, finance, and communication. There are different forms of organisation for public enterprises, each with […]

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What are the objectives of a cooperative form of organisation? Explain its merits and limitations.

Introduction A cooperative form of organisation is a voluntary association of individuals who come together to fulfill their common economic, social, and cultural needs through a jointly-owned and democratically controlled enterprise. Unlike traditional businesses that prioritize profits, cooperatives aim at serving the interests of their members. This form of organisation is popular in sectors like

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