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What is a major problem faced by public enterprises?
  • a)
    Excessive competition
  • b)
    Inefficient management
  • c)
    Lack of government funding
  • d)
    Limited resources
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is a major problem faced by public enterprises?a)Excessive compet...
Public enterprises often face challenges in terms of inefficient management practices, which can lead to operational inefficiencies, financial losses, and decreased performance. Option a) is incorrect as competition may not be a major problem for public enterprises. Option c) is incorrect as government funding is typically available to support public enterprises. Option d) is incorrect as public enterprises may have access to a wide range of resources through government support.
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