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Short notes aboutB. St.Chapter - 3 Private, Public and Global Enterprise |
| Answer» PRIVATE SECTOR ENTERPRISESThe 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\xa0SECTOR ENTERPRISESMeaning:\xa0The 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.\xa0For more click on the given link:Private, Public and Global Enterprises class 11 Notes ... | |