If you are not the boss but need to motivate your coworkers to work faster so that you can leave work a little early today, you need to behave like a leader.
A leader is someone who guides and inspires a team or an individual to reach a certain objective. Leaders motivate followers to make the decisions required for success. The skills necessary to be a successful leader must be acquired through study and practice. When the team leader recognizes an coworkers hard work, it gives them more confidence. Coworkers turn to their team leader for motivation.
Leaders are capable of influencing and directing their team toward a common goal. Additionally, they are in charge of fostering and preserving Coworkers morale, assisting staff in realizing their full potential, and motivating loyalty. As a leader, it's critical that you possess effective communication skills.
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suppose there is a major technological advance in the production of a good that causes production costs, and thus prices, to fall. if demand for the product is relatively inelastic, what will happen in the market?
The decline in prices will generally outpace the rise in demand.
Make a note about the price elasticity of demand.The amount by which a product's consumption alters in response to price changes is defined as the price elasticity of demand. The formula is as follows:
Price Elasticity of Demand is the division of the percentage change in quantity demanded by the percentage change in price.
Economics experts use the idea of price elasticity to examine how supply and demand for a good or service fluctuate in response to price changes.
Like demand, supply also exhibits price elasticity. Price elasticity of supply is the term that refers to the relation between a price change and a supply change. By deducting the percentage change in price from the percentage change in quantity offered, it is estimated. What things are produced and how much they cost are determined by the interaction of the two elasticities.
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in 2021, the u.s. president declared a federal disaster due to the flooding in houston. danielle lives in that area and lost her home in the flood. what choice best reflects her options regarding when she can claim the loss on her tax return?
in 2021, the US. president declared a federal disaster due to the flooding in Houston. Danielle lives in that area and lost her home in the flood. She claimed in 2018 or 2019.
The Federal Emergency Management Agency is an agency of the United States Department of Homeland Security, originally created under President Jimmy Carter under Presidential Reorganization Plan No. 2. Implemented by his two Executive Orders of March 3, 1978 and April 1, 1979.
A disaster declaration is a formal declaration by a jurisdiction that a disaster or emergency has exceeded its ability to respond and/or recover. Declarations are generally made after a disaster occurs, but may be made when a disaster is judged to be imminent.
A disaster is a severe disruption in the functioning of a community, beyond its ability to cope. Disasters can be caused by natural disasters, man-made disasters, technological disasters, and various factors that affect the vulnerability and vulnerability of communities.
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the introduction of efficiency-boosting winglets on aircraft at southwest airlines, and the adoption of automatic mail-sorting machines by the u.s. postal service are examples of:
The introduction of efficiency-boosting winglets on aircraft at southwest airlines, and the adoption of automatic mail-sorting machines by the u.s. postal service are examples of reverse innovation.
What is Reverse innovation?Reverse innovation can be described a the one of the innovation process that is been used in most of the developing as well as the underdeveloped nation which involves the process in which the goods are been developed as inexpensive models so as to be able to meet there needs and make life not to be unbearable for them by reducing the price that they are selling it.
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Which type of involvement has been found to enhance the adjustment of low-income students in their transition to middle school?.
Parental involvement has been found to enhance the adjustment of low-income students in their transition to middle school
What is the positive effect of parental involvement?Parent participation is the working together of the parents and the school to enhance the educational experience and academic success of the children. Numerous studies have revealed how crucial parental involvement in a child's education is to that child's academic achievement. Parental involvement enhances learning outside of the classroom, gives kids a better overall experience, and improves their academic performance. Parents must encourage their children's learning at home as well as in preschool settings. The degree of participation is essential in creating a significant impact on the student's performance. The more the parental involvement, the the higher the impact on the child's academic achievement.
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how do you recognize and account for the exercise of counterpower and make appropriate use of strategic contingencies in interunit or interorganizational relations?
One unit has power over another when the first group blocks the second group’s goal then it tries to take control some strategic contingency needed and required by the second group to complete its task.
What is interorganizational relations and how can one recognize and account for the exercise of counterpower?Interorganizational relations are the relations in between the organizations of the nation .Interorganizational relations are the models for success of individual businesses and MNC's.Power dependency is when a person accept an influence attempt in a company dealing with IOR.To exercise the counterpower and make appropriate use of strategic contingencies there comes common power tactics.Hence strategic contingencies states that first group blocks the second goal and then second group takes control of some strategic contingencies.To know more about interorganizational relations visit:
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which factor is a social force that influences the marketing environment? multiple choice computers and technological advances purchasing power political actions of interest groups unemployment the public's opinions about the environment
Public's opinions about the environment is a social force that influences the marketing environment
The influences on a society's culture that shape attitudes, beliefs, conventions, habits, and lifestyles are known as socio forces. Consumerism, cultural values, and demographic and diversity features are three significant social challenges that directly affect marketers. A population's consumption of goods may fluctuate in response to changes in its demographic features, such as age, income, race, and ethnicity.
Marketing professionals keep a careful eye on changes in cultural values since they have a significant impact on consumers' needs for products. Examples of these values include those pertaining to family, health, nutrition, and the environment. To preserve consumers' rights, people, groups, and organizations engage in consumerism. Consumer rights organizations educate and mobilize other consumers, raise concerns, assist companies in creating consumer-focused initiatives, and exert pressure on lawmakers to pass laws.
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6. if a factor/input price for suppliers in an industry increases (ceteris paribus), the supply schedule should: a) shift to the right. b) shift to the left. c) remain the same. d) none of the above.
The supply schedule should move in the right direction (ceteris paribus) if a factor or input price for suppliers in an industry rises.
What is industry?
An industry is a collection of businesses that are connected by their main lines of business. There are numerous classifications of industries in contemporary economies. Sectors are generally used to group together larger categories of industry classifications. Typically, a company's largest revenue sources determine what industry it belongs to. For instance, even though an automaker may have a financing division which contributes 10% to the company's overall revenues, most classification systems would place the business in the automaker industry. Industries are divisions of related businesses based on the main product produced or sold. By doing this, industry groups are effectively formed, which can later be used to separate businesses from those who take part in other activities.
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true or false? british residents are more likely to spend time on insurance paperwork and disputes with insurance companies, while it is rare for americans to spend as much time.
Medical treatment is defined treatment that is frequently utilized by healthcare providers and is acknowledged by medical specialists as an effective treatment for a certain type of ailment.
WHO has trouble getting access to medical care?A total of 38% of US people skipped a doctor's visit, test, treatment, follow-up appointment, or prescription refill in the previous year due to expense. The Commonwealth Fund in Health Affairs that 50% of low-income adults skipped care due to cost, compared to 27% of high-income earners.Availability gaps for healthcare services : In general, one of the main causes of lack of access to healthcare is income and wealth disparity. Another factor contributing to a substantial percentage of the populace in many developing nations being unable to access medical care is general poverty.Working-age adults had higher rates of being uninsured than children both overall and within each subgroup by duration. At the time of the interview, there were 173.8 million persons under 65 who had private health insurance.To Learn more About healthcare refer to:
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ompanies often choose to build plants compliant with stricter environmental standards when they locate in low-income countries with lax environmental standards. this is becaus
Designing an industrial plant is a complex and costly task, and so if a plant works well in a high-income country, companies prefer to use the same design everywhere.
What is stricter environmental standards?For instance, a standard for environmental quality may specify the maximum permissible concentration of a material in the air, soil, or water. Standards for environmental quality might be established at the national level or for specific geographic areas like counties or municipalities.
Environmental regulations should protect the environment and nature, prevent harm, and remedy harm already done by human activity.
ENVIRONMENTAL STANDARDS: Maximum pollutant levels, an action level for environmental remediation, authorized levels of emissions, or a risk-based assessment. Once environmental criteria are established, MONITORING PROCEDURES that have been certified by the EPA must be used.
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which ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt? multiple choice fixed-charge coverage ratio times interest earned cash coverage ratio roa
The ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt and is called the time's interest earned ratio.
What is the time's interest earned ratio?Times interest earned ratio is described as a means through which the ability of a firm to fulfill the debts based on current income. It is important to mention that it is also called as interest coverage ratio. The ratio gives a clear indication of the constraints and the relative freedom that a company experiences when meetings debt obligations.
The times earned ratio highlights the ability of a company to pay off its debts through operating income. If a company has a better time interest earned ratio, then the company has sufficient cash with it to pay the debts.
It can be concluded that the ratio measures the number of dollars of operating earnings available to meet each dollar of interest obligations on the firm's debt and is called the time's interest earned ratio.
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chapman chairs, a family-owned corporation, declared and distributed a property dividend from its overstocked inventory in place of its usual cash dividend. the inventory's book value exceeded its fair value. the excess is
Chapman chairs, a family-owned corporation, declared and distributed a property dividend from its overstocked inventory in place of its usual cash dividend. the inventory's book value exceeded its fair value. the excess is revealed as a misfortune.
A property profit is recorded at the fair worth of the resources disseminated. This might require revaluing the resources preceding recording the profit which can deliver an increase or misfortune.
What is mishap throughout everyday life?
Incident means misfortune or the condition of having misfortune. Break hardship into its parts and you get mis-meaning terrible and fortune significance possibility or karma. In some cases, it can feel like adversity follows you. Picture it as a desolate mystic named "Miss Fortune" who can see the terrible things in your future.
What would it be advisable for us to do in our disasters?
Despite disaster, we shouldn't enjoy self-oppression and demonstrations of censuring oneself. All things being equal, we should do what is sensible for the time, be finished with. Persistent concern is based on unfortunate feelings that serve nothing for the person in question. Life, for a certain something, doesn't necessarily in all cases guarantee satisfaction.
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which marketing process is a systematic way to link collected and analyzed marketing information of customer insights with marketing opportunities and solutions to marketing problems?
Utilizing customer insights obtained from gathering and evaluating marketing data, marketing research is a systematic procedure for discovering marketing opportunities and solving marketing problems.
Explain about the Marketing research?Consumer behavior and economic trends are combined in market research to support and enhance your business concept. Understanding your customer base from the start is essential. Even when your company is still only a vision in your mind, market research allows you to lower risks.
Market research gives you vital knowledge about your industry and competitive environment. It can inform you of how the target clients and customers you want to reach view your business.
Marketing research contributes to the function of marketing planning by generating alternative courses of action, offering information to help marketing managers assess those alternatives, and providing guidance on how to put those alternatives into practice.
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a semiannual payment bond with a $1,000 par has a 7 percent quoted coupon rate, a 7 percent promised yield to maturity, and 10 years to maturity. what is the bond's duration?
The bond's duration is 7.035.
What is bond?
A bond is a fixed-income investment that simulates a loan from a shareholder to a lender (typically corporate or governmental). An I.O.U. here between borrower and the lender that specifies the terms of the loan as well as its payments is what is meant by a bond. Businesses, local governments, states, and other types of government use bonds to finance their operations and capital expenditures. The holders of bonds are the issuer's creditors or debtors. Bond details typically include the conditions for the borrower's variable interest payments as well as the end date by which the loan's principal is required to be paid to a bond owner.
price of the bond = 1000 since coupon rate = yield
when rates rise by 1%
N = 10, FV = 1000, PMT = 70, rate = 8%
use pV funciton in Excel
price = 932.8992
when rates fall by 1%
N = 10, FV = 1000, PMT = 70, rate = 6%
use pV funciton in Excel
price = 1073.6009
duration = (1073.6009 - 932.8992)/2*1000*1% = 7.035
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Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the ________ activity of scm.
Organizations must have a strategy for managing all the resources that are involved in meeting customer demand for their product or service. This strategy is developed in the plan activity of SCM.
Oil, coal, herbal gasoline, metals, stone, and sand are natural assets. Different natural assets are air, daylight, soil, and water. Animals, birds, fish, and vegetation are herbal sources as properly. Herbal assets are used to make meals, gasoline, and uncooked materials for the production of goods.
These are the resources that can be located within the surroundings and are evolved without the intervention of humans. Not unusual examples of herbal resources consist of air, daylight, water, soil, stone, flowers, animals, and fossil fuels.
Assets are essential for humans due to the following reasons: assets while used as uncooked fabric satisfy the wishes and comforts of humans. Herbal resources are a supply of agricultural sports which adds to the economic significance. Additionally, they provide employment possibilities.
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the customer service representative at the department store who keeps smiling as she listens to the customer bitterly complain about her newly purchased product is engaging in deep acting. group of answer choices true false
The statement is True.
The required details about customer service representative is mentioned in below paragraph.
A customer service representative assists clients who have questions, requests, or issues regarding goods or services they have obtained from the company. The needs of the clients are prioritized at every stage of the procedure, and solutions are provided that are made specifically for those particular problems. Orders are taken, returns are processed, consumers are helped with complaints and inquiries, and information about products and services is given by customer service personnel. Because they help customers understand the products and reply to questions about their reservations, they are occasionally seen as having a role in sales.
The following responsibilities belong to customer service agents:
Maintaining a constant, compassionate, and professional demeanor with customers.
Answering client questions as soon as possible.
Use a variety of avenues to reach out to customers.
Addressing client complaints after they are acknowledged.
Having a thorough understanding of our products to enable you to respond.
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question content area using accrual accounting, expenses are recorded and reported only a.when they are incurred and paid at the same time b.when they are incurred, whether or not cash is paid c.if they are paid after they are incurred d.if they are paid before they are incurred
When using accrual accounting, revenue is only recognized and reported when the services are provided, regardless of when payment is made.
When a transaction occurs rather than when a payment is made or received, income or expenses are recorded in accordance with the accrual accounting method. The technique adheres to the matching principle, which argues that revenues and expenses should be recorded in the same period.
Sales made on credit, purchases made on credit, rent paid, power costs, depreciation, and audit fees are some of the most typical examples of accrual accounting.
Timing is the key distinction between cash-basis and accrual-basis accounting. Cash basic accounting is when you perform it whenever you pay or receive money. Accrual basis accounting is done when a bill is received or an invoice is created.
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cash equivalents are reported on the blank . (check all that apply.) multiple select question. statement of retained earnings income statement statement of cash flows balance sheet
Cash equivalents are reported on the balance sheet. Hence, option (d) 'balance sheet' is the correct answer.
Cash equivalents are defined as the total value of cash on hand that contains items that are similar to cash. It means that cash equivalents refer to all those assets that can be easily and readily converted into amounts of cash.
Cash equivalents are current assets of an organization which are always shown on the top line of the balance sheet since the cash equivalents are considered to be extremely liquid assets.
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assume the following: purchases of raw materials $ 38,000 beginning raw materials inventory $ 10,000 ending raw materials inventory $ 14,000 direct materials used in production $ 29,700 what was the amount of indirect materials used in production?
The correct answer is $5,800
Beginning raw materials inventory $10,000
Add: Purchase of raw materials $38,000
$48,000
Less: Ending raw materials inventory $14,000
The raw material used $34,000
Less: Direct materials used in production $28,200
Indirect materials used in production $5,800
Stock is an asset because a corporation invests money in it that it then converts into sales when it sells the inventory. Stock that doesn't promote as quickly as anticipated may emerge as a legal responsibility.
Inventory turns into a price when the product is offered. As soon as a purchaser offers you cash in alternate for that item, it actions from the class of an “asset” to end up a “fee” on your income announcement.
Yes. At the quit of the year, your commercial enterprise can be taxed on your profits, which your stock circuitously impacts as it will decrease your income. This may then reduce your taxable earnings. Your profits are your total sales minus the fee of goods offered (COGS).
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Think of something you recently purchased on impulse. What made you decide to make the purchase? would you buy it again, or do you wish you hadn’t bought it in the first place?.
A purchase is made based on the need or desire of a person.
Making a purchase on impulse means buying something at the instant spot without thinking about it before.
You can make a purchase for items such as a dress on the spot. You took the decision to buy it because it was a beautiful one and although you did not have the budget but you thought that you will cut loose on other items.
Whether we will buy it again or not depends on the budget of the person. If he manages to squeeze the dress into the budget, then he will buy it again. If not, then he will think that he might not have brought it in the first place.
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the lowest monthly commission that a salesman earned was only 1/4 more than 1/3 as high as the highest commission he earned. the highest and lowest commissions when added together equal $1020. what was the lowest commission?
The lowest commission is $189.
What is commission?Commission refers to the remuneration which is in variable form included in the goods and services which is sold, it is a kind of motivation provided to the sales person as a reward.
According to the question, the Commission that a salesman earned is 1/5 more than ¼ as high as the highest commission earned. The computation of the commission is as follows:-
Let x be the highest commission
1.2 (1/4x) + x = $819
1.3x = $819
x = $630
Total commission - highest commission = lowest commission
819 – 630 = $189 is the lowest commission
Therefore, it can be concluded that The lowest commission is $189.
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market failure occurs when part 2 a. the market system fails to allocate an equal share of resources to all individuals. b. the market system fails to allocate resources to each individual according to their needs. c. the unrestrained market economy leads to too few or too many resources going to a specific economic activity. d. the market system fails to allocate resources to each individual according to their abilities.
The correct option is c. Market failure occurs when unrestrained market economy leads to too few or too many resources going to a specific economic activity.
Market failure, according to neoclassical economics, occurs when a free market fails to allocate products and services in a Pareto-efficient manner, frequently resulting in a net loss of financial value. Market failures can be seen as situations when people's pursuit of their own self-interest results in inefficient outcomes that can be rectified from a societal perspective. Although the word was first used by economists in 1958, the idea can be found as far back as the Victorian philosopher Henry Sidgwick. Public goods, time-inconsistent desires, asymmetric information, non-competitive markets, principal-agent issues, or externalities are frequently linked to market failures.
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in the long-run equilibrium for a perfectly competitive firm, price equals which of the following? group of answer choices minimum short-run average total cost. price. all answers are correct. short-run marginal cost.
Price is higher than long-run average cost. This is NOT a sign of long-run equilibrium for a firm with perfect competition.
Over time, the business will produce at the output level where the long-run average cost is the lowest.
when both the long-term average cost and the long-term marginal cost are included in the pricing
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The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current.
File maintenance is the process of setting up accounts in a general ledger, allocating account numbers, and updating entries.
Explain about the File Maintenance?According to Moss, efficient file management enhances workflow and makes it simple to access pertinent information and resources. You can make it simpler for you and other people to find and use your files by creating a logical and consistent filing system.
the process and action of putting information into a structured format for quick access. Drive A drive is a type of information storage unit used in computers.
The advantages of file management include keeping things organized, facilitating sharing, lowering the possibility of losing crucial information, and offering a backup in case something goes wrong.
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the risk-free rate is 6% and the expected rate of return on the market portfolio is 10%. calculate the required rate of return on a security with a beta of 1.24. note: do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places. if the security is expected to return 16%, is it overpriced or underpriced?
If the expected rate of return on the market portfolio is 10% and the risk-free rate is 6%, a security with a beta of 1.24 must return 10.96%.
The profit or loss on an investment over time is known as a rate of return. In other terms, the rate of return is the increase in value relative to the cost of the initial investment, usually given as a percentage. When market portfolio the ROR is positive, the investment is said to have made a profit, and when it is negative, it has suffered a loss.
the security's required return is equal to 6% plus 1.24*(10 - 6%) the security's required return is equal to 10.96%
If the expected return is 16%, the asset is underpriced.
The rate of return is used to calculate the overall profit or loss on an market portfolio investment. The RoR statistic can be used to a wide range of assets, including bonds, real estate, fine art, and stocks.
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recently, the government considered adding an excise tax on cds that can be used to record music. if this tax is enacted, how would it affect the price consumers pay, the price producers receive, and the quantity of cds exchanged? a a b b c c d d e e
Makers would provide these CDs and CD players at a greater cost, and customers would pay more for them than they would have before the tax.
Describe excise tax.Any duty on produced items that is assessed at the time of manufacture rather than the time of sale is known as an excise, or excise tax. Excise taxes are levied on a variety of products, services, and activities. Depending on the tax, these fees may be charged to the consumer, retailer, or manufacturer. It is possible to submit Form 720, Quarterly Federal Excise Tax Return, electronically.
What impact does the excise tax have on both manufacturers and consumers?In the short term, an excise tax raises the cost of the good, albeit by a smaller amount than the entire tax, and both the producers and the consumers bear the cost burden. The elasticity of supply and demand for the product determines the precise impact.
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assume peanut butter and jelly are complements. ceteris paribus, an increase in the price of peanut butter will cause the equilibrium price of jelly to group of answer choices increase and the equilibrium quantity of jelly to increase. decrease and the equilibrium quantity of jelly to decrease. decrease and the equilibrium quantity of jelly to increase. increase and the equilibrium quantity of jelly to decrease.
Jelly demand will move to the left of the supply curve (decrease). You would purchase less peanut butter if its price rose, thus you would also purchase less jelly (since they are complements).
As a result, peanut butter manufacturers won't be able to create as much at various price points as they once could. As a result, the supply curve will move to the left, raising the equilibrium price and lowering the equilibrium quantity. Jelly demand will also be impacted. Keep in mind that peanut butter and jelly go well together. Even though the price of jelly remained the same, we are eating less jelly because we are eating less peanut butter. Jelly's popularity declines (jelly demand curve shifts inward). Demand for a product rises as consumer income rises, particularly when the goods are standard. Goods classified as "normal" are those whose demand rises as consumer income does. Due to their increased purchasing power, consumers will desire more peanut butter as their income rises. Jelly's complimentary product, peanut butter, will see a boost in demand if jelly's price drops. The price of peanut butter will rise as a result of the increased demand. In contrast, the curve will turn inwards as the cost of supplementary commodities rises. For alternative commodities, the inverse is true. For instance, if peanut butter prices drop dramatically, demand for jelly, a complimentary commodity, rises.
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What is the term for the removal or relaxation of the rules affecting businesses within certain industries?.
Deregulation is the term for the removal or relaxation of the rules affecting businesses within certain industries.
When there may be a discrepancy between what employees need in phrases of income will increase, blessings, running situations, and task security and what management is inclined to offer, the two facets interact in a method known as collective bargaining.
Deregulation is the procedure of doing away with or lowering country regulations, generally in the economic sphere. It is the repeal of governmental law of the financial system.
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3. patnode's 2015 statement of cash flows contains four items in the financing section. three of them are short-term debt issued, $15,000; short-term debt paid, ($10,000); and dividends paid, ($1,000). what is the fourth item in the financing section? retained earnings, $4,600 common stock issued, $3,000 long-term debt paid, ($3,000) cash from financing, $3,000
2nd option seems to be the correct option. Common stock issued $3000 is the correct answer. Common stock is the fourth item under the financing section.
The ownership of equity in a firm is represented by common stock which is a category of securities. There are several words that are equivalent to the term common stock, such as common share, ordinary share, or voting share. Common stockholders are the owners of the right to participate in the election of the board of directors, vote on significant corporate decisions, and claim a portion of the company's profits.
The fourth item in the financing section is a common stock issued $3000. The remaining three items in the financing section retained are short-term debt issues $3000, short-term debt paid $10,000 and dividends paid $1000
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10. juan foods pays off a long-term debt in full. which one of the following statements describes the effect of the transaction on juan foods? current ratio increases; total debt to equity ratio decreases current ratio decreases; total debt to equity ratio decreases current ratio decreases; total debt to equity ratio increases current ratio increases; total debt to equity ratio increases
The statement that best describes the effect of the transaction on Juan foods is total debt to equity ratio declines as current ratio declines.
Elaborate about liquidity ratio.The current ratio, also known as the liquidity ratio, assesses a company's ability to pay off short-term debts or those due within a year. It explains to investors and analysts how a company can use its current assets to the greatest extent possible to pay down its current liabilities and other payables.
The debt to equity ratio is calculated by dividing a corporation's total liabilities by its shareholders' equity. The DE Ratio is defined as Total Liabilities / Shareholder Equity. Liabilities: Every one of the company's liabilities are regarded here.. If Juan foods pays away its long- term debt completely, the bucks falls, therefore current assets might also increase, but current obligations won't decrease, hence recent ratio will decrease.
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in the public sector, what is one of the biggest complaints about unions? unions require too much of a time commitment from management. unions do not get enough money in dues to operate effectively. unions create unrealistic pension programs for employees. unions do not negotiate aggressively enough.
The most common complaint about unions in the public sector is that they create unrealistic pension plans for employees.
What is public sector?The public sector, also known as the state sector, is a sector of the economy that includes both public services and public enterprises. The public sector is the portion of the economy made up of all levels of government and government-controlled businesses. It excludes private businesses, non-profit organizations, and households. Public sectors include the military, law enforcement, infrastructure, public transportation, public education, and health care, as well as those working for the government itself, such as elected officials. In India, there are three types of organizations used for public sector enterprises. (1) Departmental Undertaking, (2) Statutory (or Public) Corporation, and (3) Government Company are the three types.To learn more about public sector, refer to:
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