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Performance of Public Sector Enterprises:
Data reveal that the performance of the much-maligned public enterprises has shown a distinct improvement during the last 9 years. Gross profit as a per centage of capital employed was 11.61 per cent in 1993-94, it improved to 15.88 per cent in 1995 and further improved to 17.5 per cent in 2002-03. Similar trend was noticed in net profit which improved from 2.84 per cent in 1993-94 to 7.7 per cent in 2003-04. This indicates an improvement in the performance of Central Government Enterprises. The question that becomes relevant is: Is it, therefore, desirable to undertake disinvestment of CPSUs? The answer on all practical considerations is clearly in the negative. It would be far more rewarding if the Government gave them greater autonomy to undertake business decisions. By 2002-03, a total 100 PSUs signed Memorandum of Understanding (MOUs). A review of performance reveals that out of 100 enterprises, 45 were rated as excellent, 19 very good and 14 as good. If 78 enterprises out of a total of 100 have shown an improvement in performance, then it becomes evident that it is more desirable to innovate measures to improve their performance, rather than weaken them by undertaking disinvestment.
Xd(Px)=5000-100Px
Explain how a country can peg (fix) its currency to another currency. Explanation of a pegged/fixed currency should centre on how the central bank uses the currency market mech
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1. Sam Smith owns an internet radio company that has subscribers in Houston and Dallas. The demand functions for the 2 markets are: Q(Houston) = 50-0.35P(Dallas) Q(Dallas) = 80-0.
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what is the total cost if the price of 10,quantity demanded is 900000, at $20 it is 800000? The author is paid 2 million dollars to write a book, the marginal cost of publishing t
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Lab Exercise 1. Taco Del Mar has completed a study of weekly demand for its tacos in Washington State's regional markets. The study developed the following demand function: Q =
explain and illustrate the changing demand for big mac using indefference curve and budget line
Natural Rate of Unemployment: According to neoclassical economics, wage rate is determined by a process of labour-market clearing (in which employers and workers compete with each
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