Class 11 Business Studies - Chapter Private, Public and Global Enterprises NCERT Solutions | Describe the characteristics and benefit

Welcome to the NCERT Solutions for Class 11th Business Studies - Chapter Private, Public and Global Enterprises. This page offers a step-by-step solution to the specific question from Extra Questions, Question 5: describe the characteristics and benefits of a glo....
Question 5

Describe the characteristics and benefits of a Global Enterprise.

Answer
  • Characteristics:
    • Large-scale operations across countries.
    • Advanced technology and innovation.
    • Professional management with diverse expertise.
    • Access to international markets and resources.
    Benefits:
    • Contribution to GDP by generating foreign exchange.
    • Technology transfer to developing economies.
    • Job creation across countries.
    • Promoting international trade and cultural exchange.

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