business studies - private, public and global enterprises

Class 11 - Business Studies

Private, Public and Global Enterprises

MCQ
Q&A
Question:

How does the government maintain a regional balance in the country?

Answer:

The government is responsible for developing all regions of a country. Earlier, most of the development was limited to few areas like port towns. For providing employment to the people and for accelerating the economic development of backward areas many industries were set up by public sector in those areas.

  1. Four major steel plants “were set up in the backward areas to accelerate economic development.
  2. The government also makes efforts to prevent mushrooming growth of private sector units in already advanced regions.
  3. Government provided many incentives to private sector like tax concessions, loan at cheap rate of interest etc. to motivate them to set up industries in backward regions.


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Questions and Answers


Private, Public and Global Enterprises - Questions
1.

Explain the concept of Public Sector and Private Sector.


Answer
2.

What are the different kinds of organizations that come under the public sector?


Answer
3.

Why is the government company form of organization preferred to other types in the public sector?


Answer
4.

What was the role of the public sector before 1991?


Answer
5.

Can the public sector companies compete with the private sector in terms of profits and efficiency? Give reasons for your answer.


Answer
6.

What is the difference between Public and Private sector?


Answer
7.

Discuss the merits and demerits of Departmental Undertaking.


Answer
8.

Define Joint Venture and explain its major benefits.


Answer
9.

Explain the main features of Multinational Company.


Answer
10.

Differentiate between Statutory Corporation, Departmental Undertaking and Government Company.


Answer
11.

What is Statutory Corporation? Explain its features, merits and demerits.


Answer
12.

Give the meaning of Government Company. Explain three merits and three limitations of Government Company.


Answer
13.

"MNC's are in a position to exercise massive control on an economy."Substantiate.


Answer
14.

"Public sector has changed its role since 1991 a great deal". Do you agree? Justify your answer.


Answer
15.

State the various types of organizations in the private sector.


Answer
16.

List the names of some enterprises under the public sector and classify them.


Answer
17.

How does the government maintain a regional balance in the country?


Answer
18.

Describe the Industrial Policy 1991, towards the public sector.


Answer
19.

Why are global enterprises considered superior to other business organizations?


Answer
20.

What are the benefits of entering into joint ventures?


Answer
21.

Explain three trends indicating changing role of public sector.


Answer
22.

"The basic rationale of public sector has changed significantly."In the light of this statement explain any four initiatives taken by the government.


Answer
23.

"Global enterprises are giant both in size and operations."Substantiate this statement.


Answer
24.

Multinational Companies have done more harm than good. Explain.


Answer
25.

Explain the merits and demerits of public-private partnership.


Answer
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