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Business Studies Help (1 Viewer)

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sannous1

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Hey i have an exam 2morow and i need to know what GBE ( Government Business Enterprises) mean?

thanksss
 
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lyounamu

lyounamu

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sannous1 said:
Hey i have an exam 2morow and i need to know what GBE ( Government Business Enterprises) mean?

thanksss
Click to expand...
GBE is a government-owned corporation that carries out business activities on behalf of the government. Telstra used to be a GBE but now it is privatised.

Many of the GBEs are privatised to limit the control that the government holds over the general business activities.

EDIT: Go to wikipedia or few websites on google. They will explain better than I do.
 
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