3 Write short Notes on the following.1. Features of private sector org

1.	3 Write short Notes on the following.1. Features of private sector organizations.
Answer» Ans :- Private Ownership and Control- A private sector undertaking is fully owned and managed by private entrepreneurs or businessmen. It may have just one owner or more than one owner. Profit motive - The main purpose of Private sector enterprises is to earn Profits. No Government Participation - There is no government participation in such a form of business organization. Independent Management - Private sector enterprises are managed independently by the owners. Private Finance - The capital of private sector organization is arranged by the owners themselves. PLEASE LIKE THE ANSWER

3 Write short Notes on the following.1. Features of private sector organizations.

Answer»

Ans :- Private Ownership and Control- A private sector undertaking is fully owned and managed by private entrepreneurs or businessmen. It may have just one owner or more than one owner.

Profit motive - The main purpose of Private sector enterprises is to earn Profits.

No Government Participation - There is no government participation in such a form of business organization.

Independent Management - Private sector enterprises are managed independently by the owners.

Private Finance - The capital of private sector organization is arranged by the owners themselves.

PLEASE LIKE THE ANSWER

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