Home › CBSE Class 11 (Commerce) › Business Studies › Public, Private and Global Enterprises › A statutory corporation combines which strengths?
A statutory corporation combines which strengths?
AGovernment power and private initiative
BMinistry control and civil service rules
CShareholder control and market listing
DBudget funding and treasury accounting
Answer & Solution
Correct answer: A. Government power and private initiative
It combines government authority with the initiative and operating flexibility of private enterprises.
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