Privatisation of many companies is a policy decision taken by the government of the day. However, it can be reversed any time, especially when there is a change in government. Large private sector companies can be converted into government organizations, some times reducing their efficiency.
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Office supplies
Office supplies for government offices are usually purchased through tenders, where the supplier with lowest prices gets the order.
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Government rules and online reputation management
any large organisations spend millions of dollars in building their brand image, so that they can sell their products at a premium price vis a vis their smaller competitors. In most countries there are a limited number of newspapers, magazines and TV channels controlled by a few individuals, who can be easily influenced to carry positive stories.
On the internet, many of the largest websites like Facebook, Blogger, Twitter allow anyone to create an account and post whatever they feel like , without verifying the accuracy of the information . The false rumours can adversely affect the brand image , so many companies use the services of a Online Reputation Management firms which monitor the stories about the organization and brand across multiple online platforms. While feedback from customers can help improve the product, reputation management involves removing the inaccurate negative stories and dealing suitably with the source of these stories. The reputation management firm also highlights positive stories which are factually correct.
The reputation management firm may also check the legal options available in case other methods do not work, and advise action based on the relevant government rules. The government may block certain websites if it affects public order.
Computerisation and government
Computerization of government records has greatly improved efficiency in many government departments and made retrieval of data easy. Most government departments float tenders for purchase of their computers. Some Computer Coupons & Deals
Systems and efficiency
Though there is a misconception that government owned companies are inefficient, it ultimately depends on the systems in place. If an organization does not have proper systems in place and employees are allowed to abuse their discretionary powers, it damages the company in the long run. In certain areas, private sector organizations depends on government agencies for information, so it is important to have sufficient checks in place.
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Exemplary or punitive damages
Exemplary or punitive damages is the amount of money the defendant is asked to pay so that it acts as a deterrant so that the defendant and others in a similar position will not repeat the conduct in future.
In some countries, government employees who misuse their position and discretionary powers to harass the public are sometimes asked to pay exemplary or punitive damages.
NTRO/raw/cbi employees CHEATING, EXPLOITING hardworking single woman domain investor since 2010
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Taking advantage of the fact that the domain investor, online publisher is a single middle aged woman with no one to help her fight cheating, exploitation of powerful men, women and companies, top NTRO/raw/cbi employees, indian tech and internet companies led by google are openly involved in a massive financial fraud on her since 2010, making fake claims about her domains, websites, paypal, bank account, online accounts, to get high status fraud cooking, cleaning cheater housewives and other frauds raw/cbi jobs with monthly salaries at the expense of the domain investor.
To cover up their FINANCIAL FRAUD, the ntro/raw/cbi employees are extremely vicious in CRIMINALLY DEFAMING the single woman, making FAKE ALLEGATIONS against her without any kind of proof at all, and also some cunning fraud employees like brahmin puneet are FAKING HELP so that they can cause maximum damage, rob everything without being questioned.
Work culture
Though the government share holding pattern may be similar in different public sector units, there is a significant difference in the work culture in government organisations even in the same sector. This is mainly related to the background of the company, how it has evolved and the management.
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Foreign competition
Most businesses or service providers specialise in one thing – teachers who produce education, or workers who produce products, or shopkeepers who bring up the goods we need. But everybody consumes many things every week – food, clothes, soap, cosmetics, electricity, television programmes and more. Sensibly, we consumers want the most for our money, so we encourage efficiency by purchasing the best products and services at the most affordable prices.
Everytime that government bans an imported good, or slaps a tax on an imported good to make it more expensive, it encourages inefficiency in one sector or another. If we create special taxes for foreign sugar, or foreign cloth, or foreign toys, we make consumers pay more, and make consumers subsidize the inefficiency of domestic companies that are not working as efficiently as they could. If you try that for one commodity, you penalise people who consume that Indian consumers will pay far too much for shoddy goods and the country as a whole will grow poorer and poorer without the improving effect of competition.
Instead, our lagging industries need to learn to compete, and that is not too difficult. Already India’s finished garments and IT services and other products are appreciated the world over for quality, efficiency and competitive costs. Globalisation, in the form of World Trade Organisation reforms, are designed to lower foreign tariffs which were originally designed to protect their own inefficient producers from Indian competition. So markets. Where our productivity is strong, the new global trade rules will let us conquer foreign markets. Where our productivity is weak, we need to invest more, harder, and become more efficient at what we do. Considering that overseas Indians are among the most successful and best-respected business communities the world over, we clearly have the talent to succeed right here at home.
Worker buyouts
Worker buy-outs almost always fail. First of all, workers rarely own or can borrow sufficient money to buy the enterprise, much less to replace antiquated machinery. And they tend to be inexperienced in those areas in which businessmen specialise – borrowing money, issuing shares, insuring their company and marketing their products. Entrepreneurship is an unusual and demanding skill, and most workers – indeed most human beings – do not have that skill. So turning a company over to its workforce is often the cruelest strategy, because then the company dies a slow, lingering death as workers struggle to do something beyond their capabilities.
The same can be said of privatising companies to the current crop of cooperatives. Today these tend to be public sector enterprises, which have most of the shortcomings of other SLPEs. Of course, if cooperatives were converted into Mutually Aided Co-operative Societies and developed a proven track-record of commercial success, then they might well be equipped to rescue a former government-owned company.