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Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.
Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------
- a)Motive
- b)Autonomy
- c)Management
- d)All of these
Correct answer is option 'D'. Can you explain this answer?
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Direction: Mr. Gajendra is a businessman dealing in the sale of elect...
The reason for this is their motive, autonomy and management.
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Direction: Mr. Gajendra is a businessman dealing in the sale of elect...
Reason for public sector not being able to compete with private sector in terms of efficiency and profits:
Motive:
- Public sector organizations often have different motives compared to private sector companies.
- Public sector organizations focus on providing public services and welfare rather than solely maximizing profits.
- This difference in motive can impact the efficiency and profitability of the organization.
Autonomy:
- Private sector companies have more autonomy in decision-making and operations compared to public sector organizations.
- Public sector organizations are often bound by bureaucratic procedures and government regulations which can hinder efficiency and profitability.
- Lack of autonomy can lead to delays in decision-making and implementation of strategies, impacting the overall performance of the organization.
Management:
- Private sector companies have more flexibility in hiring, promoting, and incentivizing employees based on their performance.
- Public sector organizations may face constraints in terms of hiring and promoting employees, which can affect the overall efficiency of the organization.
- Efficient management practices play a crucial role in determining the success and profitability of a company, and private sector companies often have an edge in this aspect.
All of these:
- The combination of different factors such as motive, autonomy, and management practices contribute to the public sector's inability to compete with the private sector in terms of efficiency and profitability.
- While public sector organizations serve important social objectives, they may not always prioritize efficiency and profitability as much as private sector companies do.
Motive:
- Public sector organizations often have different motives compared to private sector companies.
- Public sector organizations focus on providing public services and welfare rather than solely maximizing profits.
- This difference in motive can impact the efficiency and profitability of the organization.
Autonomy:
- Private sector companies have more autonomy in decision-making and operations compared to public sector organizations.
- Public sector organizations are often bound by bureaucratic procedures and government regulations which can hinder efficiency and profitability.
- Lack of autonomy can lead to delays in decision-making and implementation of strategies, impacting the overall performance of the organization.
Management:
- Private sector companies have more flexibility in hiring, promoting, and incentivizing employees based on their performance.
- Public sector organizations may face constraints in terms of hiring and promoting employees, which can affect the overall efficiency of the organization.
- Efficient management practices play a crucial role in determining the success and profitability of a company, and private sector companies often have an edge in this aspect.
All of these:
- The combination of different factors such as motive, autonomy, and management practices contribute to the public sector's inability to compete with the private sector in terms of efficiency and profitability.
- While public sector organizations serve important social objectives, they may not always prioritize efficiency and profitability as much as private sector companies do.
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Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer?
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Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer?.
Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Direction: Mr. Gajendra is a businessman dealing in the sale of electronic items. His daughter Gauri is working in Kotak Mahindra Bank and his son, Sarvesh is working in State Electricity Board. Mr. Gajendra applied for a home loan with Kotak Mahindra. He was impressed with the efficient work culture of the bank as he got the loan in a short period of time, much before his expectations. He also applied for electricity connection in State Electricity Board. Even after six months, he could not get any satisfactory response for the delay in getting his connection from concerned authorities. Gauri told her father that public sector and its work culture is different from that of private sector. It could not compete with private sector in terms of efficiency and in terms of profits as well.Q. ‘It could not compete with private sector in terms of efficiency and in terms of profits as well.’ The reason for this is their ------a)Motiveb)Autonomyc)Managementd)All of theseCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
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