Key strategic issues for public corporations |
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Authors: | S. Subramaniam R. Balasubramaniam |
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Affiliation: | Administrative Staff College of India, India |
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Abstract: | The public sector organisations play a dominant role in the economies of many countries and they are particularly important in developing economies. However, management in such organisations face special problems in corporate planning. In particular, they have as yet no clear-cut definition of their social and economic objectives, no accepted way of pricing so as to deal with ‘social overheads’ and no valid way of measuring performance in industries where low profitability is to be expected. |
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