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what is Choice of a Form of Organization:


Grag 16th Oct, 2021
Answer (1)
Nitin Mereddy 16th Oct, 2021

In India, company form of organizations have been found favorable with the government as against the consensus of experts for public corporation. The reasons for favoring company form of organization are as follows – (i) the opportunity that it provides for attracting private investment, both domestic and foreign; and (ii) the executive arm of the government did not want the public to get the full information about the undertaking which is the case if it were a public corporation.

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