Freedom of ownership is part of what and what environment

Freedom of ownership or a sharing vision offers a number of opportunities in the business environment. It allows the government to control the costs, generate the economies of scale and bargain costs down internally.

The freedom of ownership permits access to complex, specialized skills that can not be sourced locally. So this allows the government sector or the public sector environment to run the business successfully and to run it efficiently.

chilljain33 chilljain33 · Answer 2 · 2022-01-08T10:53:58+01:00

The correct statement is that the freedom of ownership is a part of government and public sector environment.

The government and public sector environments belong to the sector of public sector undertakings (PSU).

Government sector are often created with a view to run the country and do the welfare for the needy people as interests of whole nation are to be taken into consideration.

Owing to this there is layer of freedom that such sectors enjoy even when they have to comply strictly with the laws pertaining to rules and regulations.

Hence, the correct statement is that the freedom of ownership is a part of government and public sector environment.

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