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Question
What were the troubles of government enterprises?
What were the troubles of government enterprises?
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Solution
The correct options are
A Underperformance
B Complacency
C Lack of incentive
Public sector enterprises face complacency, are often underperforming and have an incentive problem, leading to their overall inefficiency.
The regulated pricing of these enterprises is, however, a positive for running these enterprises.
A
Underperformance
B
Complacency
C
Lack of incentive
Public sector enterprises face complacency, are often underperforming and have an incentive problem, leading to their overall inefficiency.
The regulated pricing of these enterprises is, however, a positive for running these enterprises.
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