According to me, private firms should not be given the right to manage public utility undertakings. Public utilities may charge higher prices from public by ...

As compared to other organizations, selling and pricing strategies or policies of public utilities are different. Sales Policies of Public Utilities: Public ...

Every businessman maintains accounts but he invariably thinks that auditing is a luxury. Auditing of accounts is a sheer wastage of time and money. Let us ...

The following points, show the relationship/difference between routine checking and vouching: The auditor verifies the arithmetical accuracy of the entries ...

The statutory or public corporation is best suited for managing public enterprises reasons are: Works with service motive:  Such corporations work in ...

Comparison between company form of organization and statutory corporation: Statutory Corporation Formation: Such a corporation is formed by a special act of ...

Features of Departmental Organization: Overall control rests with the minister: It is the minister who delegates authority to various levels of the ...

The merits and limitations of a government company are: Merits of a government company: Easy to form: Such a company can be easily formed by the ...

The merits and limitations of statutory corporation are: Merits of Statutory Corporations: Initiative and flexibility: A statutory corporation manages ...

Differences between Government Company and Statutory Corporation: Formation Difference. Government company is a corporate body that is created under the ...