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Write the classification of business interprocess …

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Write the classification of business interprocess on the based of ownership

Posted by Himanshu Yadav 4 years ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 4 years ago

On the basis ownership industries are classified into private sector, public sector, joint sector and cooperative sector.

(i)Private sector industries are owned and operated by individuals or a group of individuals.

(ii)The public sector industries are owned and operated by the government, such as Hindustan Aeronautics Limited and Steel Authority of India Limited.

(iii)Joint sector industries are owned and operated by the state and individuals or a group of individuals. Maruti Udyog Limited is an example of joint sector industry.

(iv)Co-operative sector industries are owned and operated by the producers or suppliers of raw materials, workers or both. Anand Milk Union Limited and Sudha Dairy are a success stories of a co-operative venture.

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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