Course Content
Theme 01: Introduction to Commercial Organisations
0/1
Introduction to Commercial Organisations
00:00
Theme 02: Ownership Structures – Sole Proprietorship and Joint Hindi Family Business
0/1
Ownership Structures – Sole Proprietorship and Joint Hindi Family Business
01:09:51
Theme 03: Ownership Structures – Partnership
0/1
Ownership Structures – Partnership
00:00
Theme 04: Ownership Structures – Joint Stock Company
0/1
Ownership Structures – Joint Stock Company
00:00
Theme 05: Ownership Structures – Cooperative Society
Theme 06: Public Sector Enterprises
0/1
Public Sector Enterprises
00:00
Theme 07: Functioning of a Commercial Organisation
0/1
Functioning of a Commercial Organisation
00:00
Theme 08: Communication in a Commercial Organisation
0/1
Communication in a Commercial Organisation
00:00
Theme 09: Ways of Communication
0/1
Ways of Communication
00:00
Theme 10: Tools of Communication
0/1
Tools of Communication
00:00
Theme 11: Nature and Technology of Accounting
0/1
Nature and Technology of Accounting
00:00
Theme 12: Accounting Records
0/1
Accounting Records
00:00
Theme 13: Natural Resources
0/1
Natural Resources
00:00
Theme 14: Depletion of Resources
0/1
Depletion of Resources
00:00
Theme 15: Practices for Conservation of Resources.
0/1
Practices for Conservation of Resources.
00:00
Theme 16: Industrial Pollution and Degradation of Environment.
0/1
Industrial Pollution and Degradation of Environment.
00:00
Commercial Application – 9
About Lesson

Public Sector Enterprises (PSEs) are business organizations that are owned and operated by the government. They play a significant role in the economy by providing goods and services, generating employment, and contributing to economic development. PSEs are established to meet the social and economic objectives of the government, such as promoting equitable distribution of wealth, providing essential services, and fostering industrial development in strategic sectors.

Some key points about Public Sector Enterprises include:

1. **Objectives**: PSEs are established to achieve specific objectives set by the government, such as providing essential goods and services, promoting economic development, and ensuring social welfare.

2. **Ownership and Control**: PSEs are owned and controlled by the government, either at the central or state level. The government appoints the board of directors and has significant influence over the management and operations of PSEs.

3. **Types**: PSEs can be classified into various types based on their ownership, such as central government PSEs, state government PSEs, and public sector undertakings (PSUs).

4. **Management**: PSEs are managed by a board of directors appointed by the government. The board is responsible for setting policies, making strategic decisions, and overseeing the operations of the enterprise.

5. **Performance**: The performance of PSEs is evaluated based on various parameters, such as financial performance, efficiency, and contribution to the economy. The government monitors and reviews the performance of PSEs regularly.

6. **Challenges**: PSEs face various challenges, such as bureaucratic interference, lack of autonomy, outdated technology, and stiff competition from private sector enterprises. Efforts are made to reform and modernize PSEs to improve their efficiency and competitiveness.

Overall, Public Sector Enterprises play a crucial role in the economy by providing goods and services, generating employment, and contributing to economic development. Efforts are continuously made to enhance their efficiency and effectiveness to meet the changing needs of the economy and society.

Previous
Next