Private, Public and Global Enterprises Business Studies - Private, Public and Global Enterprises

Shares of a government company are held by government in the name of:

Departmental undertakings are financed by:

Which of the following is utmost important from the viewpoint of national security?

The equity-based joint venture does not include:

MNCs have huge capital resources, which is used by them in research, development and innovation. But, it is usually seen that host countries do not gain much from this research. This is due to:

State one reason behind the investment made by international corporations in India.

Mention any two features of statutory corporation.

Mention any two forms of organising public sector enterprises.

Despite many advantages, government company has certain limitations also. In context to this, give one limitation of a government company.

What do you understand by the term ‘red tapsim'?

ITC Ltd. is a Fast Moving Consumer Goods Company (FMCG) the company was founded in year 1790 by Henry Overton Wills. It's current headquarter is in Kolkata. Its currently headed by Y.C. Deveshwar (Chairman) and three executive directors viz., Nakul Anand Dhobale and K. Grant. It is the largest producer of Cigarettes in India with maximum brands of all range. It provides employment to near about 27,000 people. Apart from cigarettes the company is diversified into many other businesses also like hotels, papers, packaged foods, apparels, etc. In the list of world's most reputable companies, ITC positions at number 95. It is the only Indian FMCG company on Forbes Global 2000 ranking. The company is fulfilling its social responsibility by contributing to various programmes like ITC e-Choupal ecosystem, skill camp, vocational training, health camp and sanitation. The group has an account in State Bank of India for its business dealings.

On the basis of the given information about ITC Ltd., answer the following questions:

(a) The working of a successful private sector enterprise is highlighted above. Name and explain the other sector which co-exists with it in the mixed economy.

(b) Identify any two values which according to you can be associated with ITC Ltd.

Give the benefits of Public-Private partnership.

What are the important features of public sector enterprises?

How are MNCs helpful in managerial development?

State two features of a government company that will help in knowing that a particular company is a government company.

In particular type of a undertaking, there is a relationship between two or more parties, a new jointly-owned entity is not created. There is just an agreement between the parties to work together. The enterprises do not share ownership of the business but exercise some elements of control in the relationship. In another type of undertaking a separate business entity, jointly owned by two or more parties, is formed in accordance with the agreement of the parties. The key operative factor in such case is joint ownership by two or more parties.

On the basis of the aforesaid information, answer the following questions:

(a) How will you classify the above stated undertaking as a form of special arrangement?

(b) Differentiate between the forms of undertaking identified in part (a).

Identify the types of public sector undertakings in the following situations:

(a) These enterprises are subject to accounting and audit controls applicable to other Government activities.

(b) The employees of these enterprises are not government or civil servants and are not governed by government rules and regulations.

(c) These enterprises has a separate legal existence i.e., it can file a suit in a court of law against any third party and be sued; can enter into a contract and can acquire property in its own name.

(d) These enterprise are wholly owned by the state. The government has the ultimate financial responsibility and has the power to appropriate its profits.

For more than 150 years, the Department of Posts (DOP) has played a crucial role in the country's social economic development. It touches the lives of Indian citizens in many ways: delivering mails, accepting deposits under Small Savings Schemes, providing life insurance cover under Postal Life Insurance (PLI) and providing retail services like bill collection, sale of forms, etc. The Department of Posts also acts as an agent for Government of India in discharging other services for citizens such as Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) wage disbursement and old age pension payments. With 1,55,015 Post Offices, the Department of Posts has the most widely distributed postal network in the world. The funding of Department of Posts come directly from the government Treasury and is an annual appropriation from the budget of the government. The revenue earned by these is also paid into the treasury.

On the basis of the given information about the Department of Posts, answer the following questions:

(a) How will you classify the Department of Posts, as a form of public sector enterprise?

(b) State any three features of form of public sector enterprise identified in part (a).

The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 in accordance with the Reserve Bank of India Act, 1934. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949. Reserve Bank of India also works as a central bank where commercial banks are account holders and can deposit money. RBI maintains banking accounts of all scheduled banks. RBI is a corporate body created by the legislature with defined powers and functions and is financially independent with a clear control over the banking activities of the nation. RBI is a corporate person and has the capacity of acting in its own name.

On the basis of the given information about the Reserve Bank of India (RBI), answer the following questions:

(a) How will you classify the Reserve Bank of India (RBI) as a form of public sector enterprise?

(b) State any three limitations of form of public sector enterprise identified in part (a).

The Food Corporation of India (FCI) was set up on 14 January 1965 having its first District Office at Thanjavur - rice bowl of Tamil Nadu and headquarters at Chennai (The Headquarters later shifted to Delhi) under the Food Corporations Act 1964. The Food Corporation of India (FCI) implemented the objectives of the effective price support operations for safeguarding the interests of the poor farmers and regulation of market price to provide food grains to consumers at a reliable price. The Food Corporation of India procures rice and wheat from farmers through many routes like paddy purchase centresmill levy/custom milling and stores them in depots. FCI maintains many types of depots like food storage depots and buffer storage complexes and private equity godowns and also implemented latest storage methods of silo storage facilities which are located at Hapur in Uttar Pradesh and Elavur in Tamil Nadu.

On the basis of the given information about The Food Corporation of India (FCI), answer the following questions:

(a) How will you classify the Food Corporation of India (FCI) as a form of public sector enterprise?

(b) Why it was necessary for the government to pass the Food Corporations Act 1964 for its formation?

(c) State any three advantages of form of public sector enterprise identified in part (a).

Multi-national companies establish themselves in developing countries to enjoy huge profits by selling consumer goods or luxury items. They use aggressive marketing strategies in order to increase their sales in a short period. They start business by offering wide variety of good at prices cheaper than local retailers offer. But once they are established they increase prices.

On the basis of the given information about multi-national companies answer the following questions:
(a) Identify the feature of multi-national companies highlighted above by quoting the line and explain two other features.
(b) State any two values which are voilated the multi-national companies Violate?

The Coca-Cola Company produces concentrate, which is then sold to licensed Coca- Cola bottlers throughout the world. The Coca-Cola Company is registered in USA and its business operation are spread in many countries of the world. Its headquarter is located in USA while the operations are in different countries which is controlled from USA. To manage the operations across the globe company used trained and professional managers. Better quality product are provided to customers and promotional tools are aggressively used to increase the revenue from operations.On the basis of the given information about The Coca-Cola Company. answer the following questions:

(a) Identify the type of business enterprise highlighted in above case.
(b) Identify the main features of the enterprise discussed in the above case. Also quote the lines for the identified features.
(c) Identify any two values which the company is trying to communicate to the society

The India Tourism Development Corporation came into existence in October 1966 and has been the prime mover in the progressive development, promotion and expansion of tourism in the country. The authorized capital of the corporation is ₹75 crores and the paid up capital as on 31.3. 2005 was ₹67.52 crores. 89.9% of the paid up equity capital of the corporation is held in the name of President of India. whereas Indian Railways is India's national railway system operated by the Ministry of Railways. It manages the fourth-largest railway network in the world by size, with 121,407 kilometres of total track over a 67,368- kilometre route.

On the basis of the given information about public sector undertaking, answer the following questions:

(a) How will you classify the above stated undertakings as a form of public sector enterprise?
(b) Differentiate between the form of public sector enterprise identified in part (a) on any four basis.

NourishCo Beverages Ltd., the strategic alliance between Tata Global Beverages and PepsiCo India has plans of delivering healthy beverages for a healthier India. The company is set to disrupt the hydration category in India by delivering enhanced wellness through innovative and affordable ready-to-drink beverages. Science, technology and research forms the foundation of every product in the NourishCo portfolio. The key product of NourishCo Beverages Ltd., is Himalayan Orchard Pure available in three flavors viz., Apple, Straw- berry and Peach. The reasons for this alliances is complementary capabilities and resources such as distribution channels, technology of both the parties.

On the basis of the given information about NourishCo Beverages Ltd., answer the following questions:

(a) Identify the kind of business enterprise formed by Tata Global Beverages and PepsiCo India.
(b) Explain the benefits of the kind of business enterprise highlighted in above case.