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Explain the following term/concept. Private Sector Organisation. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept.

Private Sector Organisation.

टीपा लिहा

उत्तर

  1. It is owned, managed, controlled, and financed by individuals or groups of individuals.
  2. It includes Sole Trading Concern, Joint Hindu Family Firm, Partnership Firm, Joint Stock Company, and Cooperative Society.
  3. Its main objective is to maximise profit.
  4. It is managed by the owner himself or by their elected representatives.
  5. It generally operates in industrial and commercial areas only.
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Public Sector Organisations
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Forms of Business Organisation - 2 - EXERCISE [पृष्ठ ११५]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
पाठ 5 Forms of Business Organisation - 2
EXERCISE | Q 2. 2) | पृष्ठ ११५

संबंधित प्रश्‍न

Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid-up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid-up capital by govt.

Give one word/phrase/term.
Organisations which are owned by individual or group of individuals.


Give one word/phrase/term.
The sector which aims at profit maximization.


Give one word/phrase/term.
The sector which aims at providing reliable services to customers.


Give one word/phrase/term.
Organisations which are owned, financed, managed and controlled by government or combination of government.


State True or False.

Public sector Organisations are owned by government.


State True or False.

The public sector was undertaken as a part of industrial policy, 1956.


Find the odd word out.


Find the odd word out.


Find the odd word out.


Answer in one sentence.

What is Public Sector?


Distinguish Between.

Private Sector Organisation and Public Sector Organisation.


Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation  3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt.

Match the pairs.

Group ‘A’  Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt.

Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B)  Statutory Corporation 2) 49% paid up capital by govt
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt

Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt.

Match the pairs:

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by government
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
  6) 51% paid up capital by government

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