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How are government corporations and private corporations similar?
Wiki User
∙ 11y ago
They are alike in that they:
- require infrastructure, facilities, and resources to function
- have a management hierarchy
- have many of the same human resources problems
- perform many of the same information and data processing activities
- are subject to legal scrutiny and oversight
Wiki User
∙ 11y ago
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Government corporations and private corporations are different in all what ways except?
government corporations do not perform a particular economic function.
What is one difference between government corporations and government contractors?
Government corporations are in the public sector while government contractors are in the private sector.
What do government corporations and private corporations not have in common?
The function of government corporations is to serve a public need, in various fields including transportation, finance, communications, and energy. Private corporations can determine their own consumer base and business plans.
What do government corporations and private corporations have in common?
The function of government corporations is to serve a public need, in various fields including transportation, finance, communications, and energy. Private corporations can determine their own consumer base and business plans.
How are government corporations similar to other corporations in the US?
They are run by boards of directors.
What is the difference between government corporations and any other corporation?
The government corporation are controlled by government while other or non-governmental corporation are controlled by members or share holders. Another difference between government corporations and private corporations is in the running of things. Private corporations have a number of decision makers who are considered to be stakeholders. Government corporations on the other hand are public companies that are run by civil servants on behalf of the public. Government corporations are unlike private businesses in that they may make a profit only to defer their costs. Most government corporations provide public services that may be too risky or expensive for a private business to undertake.
What is one difference between government contractors and government corporations?
Government corporations are in the public sector while government contractors are in the private sector.
How are government corporations and private businesses alike and different?
this website is phonie
What is a business established by government that performs functions that could be provided by private business?
>Government corporations
One of the important differences between public bureaucracies like the DMV and private corporations such as McDonalds is that government bureaucracies?
are not organized to make a profit, while private corporations are
What is one difference between government corporations and government?
Government agencies are in the public sector while government contractors are in the private sector.
What organization combines certain aspects of private businesses with characteristics of government agencies?
Corporations.
