Welcome to the Chapter 3 - Private, Public and Global Enterprises, Class 11 Business Studies - NCERT Solutions page. Here, we provide detailed question answers for Chapter 3 - Private, Public and Global Enterprises.The page is designed to help students gain a thorough understanding of the concepts related to natural resources, their classification, and sustainable development.
Our solutions explain each answer in a simple and comprehensive way, making it easier for students to grasp key topics and excel in their exams. By going through these Private, Public and Global Enterprises question answers, you can strengthen your foundation and improve your performance in Class 11 Business Studies. Whether you're revising or preparing for tests, this chapter-wise guide will serve as an invaluable resource.
Q1 | What is a Public Sector Enterprise? |
Ans: | Public Sector Enterprises (PSEs) are businesses owned, controlled, and managed by the government to achieve social and economic objectives. Examples include ONGC and BHEL. |
Q2 | What are the features of a Joint Venture? |
Ans: | A joint venture involves two or more parties collaborating to achieve specific business goals, sharing risks, profits, and losses. It is based on mutual agreement and typically has a limited timeframe. |
Q3 | Define the term ‘Global Enterprise.’ |
Ans: | A global enterprise, or multinational corporation (MNC), operates in multiple countries, leveraging global markets and resources. Examples include Google, Apple, and Nestlé. |
Q4 | Explain the role and significance of Public Sector Enterprises in India. |
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Q5 | Describe the characteristics and benefits of a Global Enterprise. |
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Q6 | What are the differences between Public and Private Enterprises? |
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Q7 | What is the relevance of Joint Ventures in today’s business environment? Explain with examples. |
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Q8 | Discuss the evolution and importance of Public-Private Partnerships (PPPs) in India. |
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Q9 | Explain the challenges faced by Public Sector Enterprises in India and suggest measures for improvement. |
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