Advertisements
Advertisements
Question
State the various types of organisations in the private sector.
Solution
The private sector consists of that part of an economy which is owned and managed by individuals or companies with the motive of earning profits. The various types of private sector organisations in India are as follows.
• Sole proprietorship
• Partnership
• Joint Hindu Family
• Cooperative societies
• Company
APPEARS IN
RELATED QUESTIONS
Centralised control in MNC's implies control exercised by
Reconstruction of sick public sector units is taken up by
Disinvestment of PSE's implies
Explain the concept of private sector and public sector?
What are the different kinds of organisations that come under the public sector?
List the name of some enterprises under the public sector and classify them
Why is the government company form of organisation preferred to other types in public sector?
Describe the industrial policy 1991, towards the public sector?
What was the role of the public sector before 1991?
Can the public sector companies compete with the private sector in terms of profit and efficiency? Give reasons for your answer.
