Friday, September 23, 2016

Public corporation VS Sector corporation


Remarks
Public Corporation
Sector Corporation
Definition
PC is statutory body passed by the MPs’ and signed by the president.
SC are established by the government in order to control, coordinate and to supervise the industrial enterprise.
Establishment
Existed before independence
Established after independence
Nature
Service or develop oriented
Production oriented
Activities
Execution
Controlling
Management structure
No separate management structure
Follows 3 tier management structure
Examples
WASA, BIWTA, BRTC, PDB
BJMC, BTMC, BCIC, BSEC