B Com Exam > B Com Videos > Business Environment > Privatisation & Its Impacts - Industrial Policies, Business Environment
Privatisation & Its Impacts - Industrial Policies, Business Environment Video Lecture | Business Environment - B Com
|
51 videos|54 docs|19 tests
|
FAQs on Privatisation & Its Impacts - Industrial Policies, Business Environment Video Lecture - Business Environment - B Com
| 1. What is privatisation and how does it impact industrial policies and the business environment? |  |
Ans. Privatisation refers to the transfer of ownership, control, and management of state-owned enterprises to private entities. It impacts industrial policies and the business environment by introducing market-oriented reforms, enhancing competition, improving efficiency, attracting private investment, and promoting economic growth. However, it can also lead to job losses, increased prices for essential services, and potential monopolistic practices.
| 2. What are the advantages of privatisation in terms of industrial policies? | |
Ans. Privatisation has several advantages in terms of industrial policies. It promotes competition, which stimulates innovation and efficiency. It can lead to better resource allocation and increased productivity. Privatisation also attracts private investment, which can result in job creation and economic growth. Additionally, it reduces the burden on the government to manage and fund state-owned enterprises.
| 3. What are the potential disadvantages of privatisation in terms of the business environment? | |
Ans. Privatisation can have some disadvantages in terms of the business environment. It may lead to job losses as private entities prioritize profit and cost-cutting measures. Essential services, such as healthcare or education, could become more expensive for the public, especially if private entities seek to maximize profits. There is also a risk of monopolistic practices emerging in certain industries, which can harm competition and consumer welfare.
| 4. How does privatisation impact government revenues and expenditures? | |
Ans. Privatisation can impact government revenues and expenditures. When state-owned enterprises are privatised, the government receives proceeds from their sale, which can boost revenues. However, it also means the government loses the future income generated by these enterprises. In terms of expenditures, privatisation can lead to cost savings for the government as it no longer needs to fund and manage these enterprises. However, the government may need to provide support or subsidies to facilitate the transition for employees affected by privatisation.
| 5. What are the key factors to consider when implementing privatisation policies? | |
Ans. Implementing privatisation policies requires careful consideration of several key factors. These include conducting a thorough assessment of the economic and financial viability of the state-owned enterprises to be privatised. It is essential to establish appropriate regulatory frameworks to prevent monopolistic practices and protect consumer interests. Adequate transparency and accountability measures should be in place to ensure a fair and competitive privatisation process. Additionally, social safety nets and retraining programs should be considered to mitigate the potential negative impacts on employees affected by privatisation.
Related Exams
About this Video
|
4.68/5 Rating |
|
Dec 19, 2024 Last updated |
Video Description: Privatisation & Its Impacts - Industrial Policies, Business Environment for B Com 2024 is part of Business Environment preparation.
The notes and questions for Privatisation & Its Impacts - Industrial Policies, Business Environment have been prepared according to the B Com exam syllabus.
Information about Privatisation & Its Impacts - Industrial Policies, Business Environment covers all important topics for B Com 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Privatisation & Its Impacts - Industrial Policies, Business Environment.
Introduction of Privatisation & Its Impacts - Industrial Policies, Business Environment in English is available as part of our Business Environment for B Com & Privatisation & Its Impacts - Industrial Policies, Business Environment in
Hindi for Business Environment course. Download more important topics related with notes, lectures and mock test series for
B Com Exam by signing up for free.
Description
Video Lecture & Questions for Privatisation & Its Impacts - Industrial Policies, Business Environment Video Lecture | Business Environment - B Com - B Com full syllabus preparation | Free video for B Com exam to prepare for Business Environment.
Information about Privatisation & Its Impacts - Industrial Policies, Business Environment
Here you can find the meaning of Privatisation & Its Impacts - Industrial Policies, Business Environment defined & explained in the simplest way possible.
Besides explaining types of Privatisation & Its Impacts - Industrial Policies, Business Environment theory, EduRev gives you an ample number of questions to practice Privatisation & Its Impacts - Industrial Policies, Business Environment tests,
examples and also practice B Com tests.
|
51 videos|54 docs|19 tests
|
|
Explore Courses for B Com exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Important questions
,Summary
,past year papers
,mock tests for examination
,Sample Paper
,Exam
,Business Environment Video Lecture | Business Environment - B Com
,video lectures
,Viva Questions
,Business Environment Video Lecture | Business Environment - B Com
,ppt
,Extra Questions
,Free
,Privatisation & Its Impacts - Industrial Policies
,study material
,Privatisation & Its Impacts - Industrial Policies
,Objective type Questions
,Privatisation & Its Impacts - Industrial Policies
,Business Environment Video Lecture | Business Environment - B Com
,Previous Year Questions with Solutions
,shortcuts and tricks
,Semester Notes
,MCQs
,practice quizzes
;
Study Privatisation & Its Impacts - Industrial Policies, Business Environment on the App
Students of B Com can study Privatisation & Its Impacts - Industrial Policies, Business Environment alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Privatisation & Its Impacts - Industrial Policies, Business Environment,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Privatisation & Its Impacts - Industrial Policies, Business Environment is prepared as per the latest B Com syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup