You are a newly appointed MD of a foreign sector tourist Bus transport company. The management of the bus Transport undertaking of your city finds that its buses are not able to attract very many tourists. Private Mini-Buses are seen to be preferred by people on certain routes. As a result, the undertaking is incurring losses. Therefore, management wants to reformulate its price policy. As a CEO or MD, what advice can you give to it? Explain.

Mr.Sudhan is studying in B.Corn, 1st year. His father, Mr.Somu is a leading businessman in Chennai. Somehow, Mr.Sudhan does not know anything about utilities. But he is to prepare a lesson for his class in this topic. He request his father for help. His father tells Mr.Sudhan that Public utilities are no different from his own business except that these are controlled by Goveminent instead of private people. Meanwhile, Mr.Chandrasekaran a friend of Mr.Somu comes there. Mr.Chandrasekaran is an employee of Chennai Electricity Supply Undertaking. Mr.Chandrasekaran intervenes in the conversation going on between Mr.Somu and his son and hold that Mr.Sudhan is not correct; there are other special features of public utilities, too. Perform the characters of Mr.Sudhan, Mr.Somu and Mr.Chandrasekaran and state your positions.

Explain the advantages of Government Company.

What are the disadvantages of Government company?

What are the differences between Public and Private Sector?