Distinguish between the following.

Multinational company and Government company.

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Solution

Basis of Difference Multinational Company Government Company

Definition MNC is a business enterprise that has its operations in many countries and headquarters in one of the countries
Government company is established under the Indian Companies Act, 1956, with at least 51% of the shares held either by the central or state government

Location Units present all over the world Located in the country only

Motive To earn maximum profit Welfare of society

Management Managed either by the owner or elected representatives Management appointed by the government

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Basis of Difference	Multinational Company	Government Company
Definition	MNC is a business enterprise that has its operations in many countries and headquarters in one of the countries	Government company is established under the Indian Companies Act, 1956, with at least 51% of the shares held either by the central or state government
Location	Units present all over the world	Located in the country only
Motive	To earn maximum profit	Welfare of society
Management	Managed either by the owner or elected representatives	Management appointed by the government