Psu Privatisation Pros And Cons
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Title: Psu Privatisation Pros And Cons

Essay Details:

Subject: Business
Author: Edith S
Date: December 1, 2015
Level:
Grade: A
Length: 4 / 1125

Essay text:

And governments anywhere are not very good at running businesses. Whether the private owner is an individual, or a corporation with thousands of shareholders, peoples' own money is at stake, so they have a strong incentive to work night and day to ensure that their enterprise becomes successful and profitable. Government lacks those incentives, so government-managed enterprises fail to perform across the world. privatization change enterprises Ultimately, privatization gives new life to an ailing PSU. But initially, privatisation changes three things -- incentives, priorities and access. * No one worries about economizing when they spend government money, but everyone worries about spending his or her own private money...

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