Image for Public enterprises

Public enterprises

Public enterprises are organizations owned and operated by the government to provide essential services or goods that benefit the public, such as transportation, energy, or healthcare. They are established to serve societal needs rather than to make profits like private companies. These enterprises are funded by taxpayers and are supposed to operate efficiently while fulfilling social objectives. Examples include national rail services, postal offices, and utility companies. They help ensure accessibility, affordability, and stability in critical sectors, balancing public interest with organizational management.