Private, Public and Global Enterprises — Important Questions
CBSE · Class 11 · Business Studies
120 important questions from Private, Public and Global Enterprises for CBSE Class 11 Business Studies, with answers.
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Important Questions from Private, Public and Global Enterprises
What is a Joint Venture?
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Pooling of resources and expertise by two or more businesses
A joint venture involves two or more businesses collaborating and sharing resources, expertise, risks, and rewards to achieve a common business goal.
What distinguishes a Multinational Corporation (MNC)?
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Having operations in multiple countries
A Multinational Corporation is characterized by its ability to operate industrial and marketing operations through branches in several countries.
What is the primary goal of Public-Private Partnership (PPP)?
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Allocation and completion of development projects
Public-Private Partnership is a collaborative model where public and private sectors work together to efficiently allocate tasks, risks, and complete development projects.
Which sector consists of businesses owned by individuals or groups?
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Private Sector
The private sector consists of businesses owned by individuals or groups, including forms like sole proprietorship, partnership, and companies.
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Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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