Advantages.
• They can be bailed out by the government when in financial problems
• Their initial capital is provided by the government.
• Most of public corporations produce goods in large quantities thus enjoying the benefits of large scale production.
• Some of them are monopolies thus enjoying the benefits of being monopolies.
Disadvantages.
• Decisionmaking may take long because of the large number of people involved.
• Diseconomies of large scale operations apply I these corporations because they are usually very large organizations.
• They have the disadvantages of monopoly.
• Their performance can be poor due to lack of accountability on the part of the employees.
skilled writter answered the question on May 15, 2018 at 05:40
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