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After 1949, all business entities in the People's Republic of China were created and owned by the government. In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public.
Torchbearer may refer to: The Torch Bearer, a 1916 American silent film; The Torchbearer, a 2005 Czech animated short film; The Torchbearers, a sculpture at the University of Texas at Austin; Torchbearers International, a network of Bible schools; VAW-125, a United States Navy squadron known as the Torch Bearers; A person who carries the ...
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
A government-owned or controlled corporation is a stock or a non-stock corporation, whether performing governmental or proprietary functions, which is directly chartered by a special law or if organized under the general corporation law is owned or controlled by the government directly, or indirectly through a parent corporation or subsidiary ...
The Small Business Administration (SBA) was created in 1953 to advise, assist, and protect the interests of small business concerns. The SBA guarantees loans to small businesses, aids victims of floods and other natural disasters, promotes the growth of minority-owned firms, and helps secure contracts for small businesses to supply goods and ...
In Australia the predominant term used for SOEs is government business enterprise (GBE). Various Australian states also have GBEs, especially with respect to the provision of water and sewerage, and many state-based GBEs were privatized in some states during the last decade of the twentieth century.
This business reference model provides an organized, hierarchical construct for describing the day-to-day business operations of the Federal government using a functionally driven approach. The BRM is the first layer of the Federal Enterprise Architecture and it is the main viewpoint for the analysis of data, service components and technology. [1]
Business-to-government networks provide a platform for businesses to bid on government opportunities that are presented as solicitations, in the form of requests-for-proposals, through a reverse auction. Government agencies typically have pre-negotiated standing contracts vetting the vendors/suppliers and their products and services for set prices.