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Priyanshu Mendhe 6 years, 4 months ago
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Yogita Ingle 6 years, 4 months ago
The word ‘cooperative’ means ‘working together’ with others for a common purpose. The cooperative society is a voluntary association of persons, who join together with the motive of welfare of the members. The membership of a cooperative society is voluntary. A person is free to join a cooperative society and can also leave anytime without any compulsion. The decision-making’ power in a cooperative society lies in the hands of an elected managing committee. Every member has one vote and this right to vote gives the members a chance to elect the members of the managing * committee.
All these features lend the cooperative society a democratic character. Further, the membership of a cooperative society is open to all, irrespective of their religion, caste and gender. The cooperative society through its purpose lays emphasis on the values of mutual help and welfare. These features prove the secular nature of cooperative societies.
Posted by Niladri Kumar 6 years, 4 months ago
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Gaurav Seth 6 years, 4 months ago
Meaning
A business enterprise is an institutional arrangement to form any business activity.
Classification
On the basis of ownership business enterprises can broadly be classified into the following categories:

In case of CORPORATE FORM of private enterprises the identity of the enterprise is separate from that of the owner and in case of NON CORPORATE FORM, the identity of the enterprise is not different from that of its owners.
Posted by Kush Pandey 6 years, 4 months ago
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Gaurav Seth 6 years, 4 months ago
The different types of Public Enterprises are as follows.
(i) Government Department - is the oldest form of running a government activity and is freely held by the Central or State enterprises like the defense, railways, posts and telegraphs, etc.
(ii) Public Corporation - They were popular as an enterprise after the First World War.
(iii) Government Company - The Companies Act of 1956 states that a government company is one in which more than 51 percent of the share capital is controlled by the Central Government or by a State Government or even partially by the Central Government and partly with one or more State Governments.
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Sia ? 6 years, 4 months ago
Public enterprise is a business organization wholly or partly owned by the state and controlled through a public authority.
Lalit Agarwal 6 years, 4 months ago
Posted by Sandeep Singh 6 years, 4 months ago
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Sia ? 6 years, 4 months ago
Causes of business risk-
- Natural causes: Human beings have little control over natural calamities like flood, earthquake, lightning, heavy rains, famine etc. These natural calamities result in heavy loss of life, property and income in the business.
- Human causes: Human causes include such unexpected events as dishonesty, carelessness or negligence of employers, stoppage of work due to power failure, strikes, riots, management inefficiency etc. The employees may hamper the production by going on strikes, riots etc. This can also lead to heavy loss of business condition. There can be price fluctuations in the market, there can be a change in fashion, taste, preferences, and demands of customers
- Economic causes: Economic causes are related to a chance of loss due to change in the market. There can be a change in the degree of competition. All these have a direct impact on the earnings of the business.
Even a change in Government policy affects the business a lot. For example, in 1971 when the Janata government came to power the Coca-Cola Company and many other foreign companies were sent back to India. - Other causes: These are unforeseen events, such as political disturbances, mechanical failures such as the bursting of boiler, fluctuations in exchange rates etc. which lead to the possibility of business risks.
Posted by Bobita Shrestha 6 years, 4 months ago
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Sia ? 6 years, 4 months ago
| Meaning | Private Sector Industries are owned by individual investors. These are managed by private organisations. In capitalist countries, industries are generally owned by private people. | Public Sector Industries are owned and managed by governments. In India, there were a number of Public Sector Undertakings (PSUs). Socialist countries have many state owned industries. Mixed economies have both Public and Private sector enterprises.. |
| Example | Reliance Industries Limited | Bharat Heavy Electronics Limited. |
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Khushi Delio 6 years, 4 months ago
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