Can the public sector companies compete with private sector in terms of profit and efficiency? Give reasons for your answer.

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Solution

No, public sector companies cannot compete with private sector in terms of projects and efficiency. The reasons are:
Motive: The main objective of a public sector company is welfare of public but for a private sector company it is profitability.
Ownership: There is no or very less interference of government in the private sector compared to the public sector.
Management: The management of a public sector is usually less trained and skillful compared to a private sector company.

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