Which of the following business units enjoys government subsidies
-
A.
private limited company -
B.
limited partnership -
C.
public limited company -
D.
public enterprises
Correct Answer: Option D
Explanation
Public enterprise, is a business organization wholly or partly owned by the state and controlled through a public authority. They are funded by the government and enjoy the state’s subsidies. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.