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Define the term of public enterprice.

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Define the term of public enterprice.

Posted by Anubhav Malik 5 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 5 years, 10 months ago

Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.

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