... efficient management of a Public Enterprise. The first is quality people which can be defined as persons with particular distinctive features that are considered major assets for an organization. For example, management and subordinates are academically qualified along with some years of experience for the jobs they fulfill. Good management can be defined as entailing particular characteristics such as personnel who are experienced, qualified, and ethical and have the organization's best interest at heart. Creativity lends itself to the dimensions of innovation and continuous improvement of present standards of operations. Now that key concepts are defined, this has laid the foundation for the following discussion. A unique element to the Public Enterprise is that of human resource. The key requirements for the effective and efficient management are brought about by the human element, that is, managers and employees of Public Enterprises. Therefore, the conclusion can be drawn that all three key requirements ...

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