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Short notes about B. St. Chapter …

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Short notes about B. St. Chapter - 3 Private, Public and Global Enterprise

Posted by Anju Ramesh Kumar 3 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 3 years, 10 months ago

PRIVATE SECTOR ENTERPRISES

The private sector consists of business owned by individuals or a group of individuals. The varios forms of organisation are- sole proprietorship, partnership, joint hindu family, cooperative and company.

PUBLIC SECTOR ENTERPRISES

Meaning: The public sector consists of various organizations owned and managed by central or State or by both governments. The govt. participates in economic activity of the country through these enterprises.

FEATURES:

1. Capital is contributed by central or state or both govts.
2. Public welfare or Service is the main objective.
3. Management & control are in the hands of govt.
4. It is accountable to the public.

For more click on the given link:

<a data-ved="2ahUKEwiSo9jZ5ejtAhVGT30KHStlAWcQFjAAegQIAxAC" href="https://mycbseguide.com/blog/private-public-and-global-enterprises-class-11-notes-business-studies/" ping="/url?sa=t&source=web&rct=j&url=https://mycbseguide.com/blog/private-public-and-global-enterprises-class-11-notes-business-studies/&ved=2ahUKEwiSo9jZ5ejtAhVGT30KHStlAWcQFjAAegQIAxAC" rel="noopener" target="_blank">Private, Public and Global Enterprises class 11 Notes ...</a>

ANSWER

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