Chapter 7 Business organization and management Class: xii

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Presentation transcript:

Chapter 7 Business organization and management Class: xii State enterprise Chapter 7 Business organization and management Class: xii Kuhu koel Lecturer Chittagong cantonment public college

Welcome

State enterprise State enterprise is the business which is owned and controlled by the state. it is established through act of government.. The main purpose of this organization is social welfare.

Features of State enterprise Formation procedures ownership perpetual succession capital supply objectives management profit distribution size accountability liability

Objectives of state enterprise Checking monopoly market Rapid industrialization public welfare maintain price stability of product Creating employment opportunities inspire savings develop monetary system Establish risky business

Establish heavy and basic industry national economic development control export import

Advantage of state enterprise Public welfare Dissolve monopoly Preservation of wealth Employment opportunity Industrialization Maintain price stability Prevention of heartfelt competition Controlling money market Public accountability

Disadvantages of state enterprise Inefficiency in management obstacles in promt decision Corruption and nepotism Lack of competition increase wastage limited fields of operation Creating tax burden on people political influence Expressing secrecy

Bangladesh post office

Bangladesh railway

Bangladesh chemical industries corporation

Thank you