What is the Difference between public limited company and public enterprise?

A public limited company (PLC) is a type of business entity that is owned by shareholders and can sell its shares to the public on a stock exchange, allowing for capital accumulation and limited liability for its owners. In contrast, a public enterprise is typically a government-owned corporation that provides goods or services to the public, focusing on public welfare rather than profit maximization. While PLCs operate in competitive markets and are driven by profit motives, public enterprises are often established to fulfill social objectives and may not prioritize profitability.