Public Co-operatives;

           They are publicy owned by the state or state agencies sucha s local and urban council. Their objective are determine by the state which include ; social objectives  such as creating jobs or employment, political objectives and economic gobjectives.

Nationalise Industries

           These are industries that were owned by private individuals which have been taking over by the government they are managed by boards of government they are managed by boards of directors. The general manage is appointed by the presidential degree or an art of parliament the presidential degree or an act of parliament.

Municipal Under Taking

           These are enterprises that are owned and managed by local government on authorities such as councils halls, swimming poles, public library, Municipal stadium etc.

Parastatals: These are enterprises that are jointly owned by the government and private individuals or foreigners e.g include SONARA, CDC etc.

Objectives of public enterprises

• Provide social services
• Create employment opportunities
• Promote and diffuse joint policies and actions
• Capital is provided by the government the state raised trade management is done by board of directors appointed by a minister of the ministry concerned

CHARACTERISTICS OF PUBLIC ENTERPRICES

OWNERSHIP :In Cameroon for instance some are strictly owned by the government while in some the government own the majority of shares for example SONARA is owned by the government and some private individuals.

CONTROL : Public co-operation are controlled and managed by board of directors.These board supervised by the ministries in charge of business. The board of directors is appointed a presidential degree or a ministerial degree.

FINANCE : Public cooperation are financed by the government but when the government has only a majority of share and the rest of the capital.

OBJECTIVES : The aim of public cooperation is  to provide goods and services to the public. They change the price just enough to cover the cost of production. But this does not cancel the fact that public cooperation make little profits.

PROFIT FROM PUBLIC COOPERATION : They are used to ex^pand the business or create new business where it is jointly owned and part of the profit is used to pay dividend.

ADVANTAGES

• They provide essential goods and services at moderate prices
• They enjoy economies of scale
• Provide employment opportunities
• There is sufficient financing or funding
• There is no wastage of resources
• They acts as agents of development e.g FELCOM etc.

DISADVANTAGES

• Consumers choice is restricted
• Poor Management and control
• There is efficiency because they are based on political influence rather than economics points of views
• Appointment often go to those who are not complement or inefficient because of the relationship with those  at the top