During this week's main episode, I cover the last of the business units; Public/State corporations.

• Public/state corporations are organizations formed by and/or controlled by the government. This means that the government owns more than 50% shares in the corporation.
  • Where the government has full ownership, the organization is known as a parastatal.

Under this business unit, we go over the following:

1. Characteristics/features
2. Formation
3. Management
4. Sources of capital
5. Advantages
6. Disadvantages
7. Dissolution

Disclaimer: Majority of this information will be derived from a course text I used in High School in my business studies class called "Investor 2". This information is still however relevant to date.