how can public enterprise improve their performance through memorandum of understanding?
Dear student,
Memorandum of Understanding is an agreement between the public enterprise and Government that specifies the commitments and responsibilities of both the parties. MOU gives specific targets along with autonomy to public sectors which helps public sector enterprises to improve their performance. MOU provides a mechanism to evaluate performance of parties.
Regards
Memorandum of Understanding is an agreement between the public enterprise and Government that specifies the commitments and responsibilities of both the parties. MOU gives specific targets along with autonomy to public sectors which helps public sector enterprises to improve their performance. MOU provides a mechanism to evaluate performance of parties.
Regards