Problems facing public corporation - SS2 Government Lesson Note
Public corporations can face several problems, including:
· Inefficient management: Public corporations may suffer from inefficient management, which can lead to poor performance and financial losses.
· Political interference: Public corporations can be subject to political interference, which can lead to decisions being made for political reasons rather than for the good of the corporation.
· Lack of accountability: Public corporations may lack accountability, making it difficult for the public to hold them responsible for their actions.
· Financial constraints: Public corporations may face financial constraints, including limited funding or high debt levels, which can impact their ability to operate effectively.
· Lack of innovation: Public corporations may suffer from a lack of innovation, as they may be less agile and flexible than private corporations due to their bureaucratic structure.