business studies help (1 Viewer)

[kaha167]

business studies help -- privatisation

what are the advantages and disadvantages of privatisation?
i dont have anything about it in my notes or my texbook?
thanks for the help

 

[lyounamu]

Re: business studies help -- privatisation

what are the advantages and disadvantages of privatisation?
i dont have anything about it in my notes or my texbook?
thanks for the help

adv
- reduces government control leading to increased competition
- increased public ownership of the business
- decreased government control of markets

disad
- may be more costly for some particular businesses (imagine aus post being privatised!!!)
-danger of monopoly which usually works against competition.

 

[kaha167]

Re: business studies help -- privatisation

thankyou so much!!!

 

[kaha167]

preliminary help -- changed legal structures

the i have been given is:
outline how the legal structure is altered once a GBE is privatised.
I have no clue -- there is nothing in my textook or notes and im desperate.
thanks for your help

 

[kaha167]

outline how the legal structure is altered once a GBE is privatised.
i have no clue and nothign in my texbook
thanks

 

[lyounamu]

outline how the legal structure is altered once a GBE is privatised.
i have no clue and nothign in my texbook
thanks

Private company to public company perhaps?

 

[the-derivative]

outline how the legal structure is altered once a GBE is privatised.
i have no clue and nothign in my texbook
thanks

A GBE is a Government Business Enterprise (for example Australia Post). Within this - the legal structure will change from a GBE to most likely a Public Company. This is because the government will offer shares to the public, therefore the public will be able to become shareholders and hold part ownership.