Question:
State the various types of organizations in the private sector.
Answer:
Various types of organizations in the private sector include:
- Sole Proprietorship: Sole proprietorship refers to a form of business organization which is owned, managed and controlled by an individual who is the recipient of all profits and bearer of all risks.
- Hindu Undivided Family Business: It refers to a form of organization wherein the business is owned and carried by the members of the Hindu Undivided Family (HUF).
- Partnership: Partnership is the relation between persons who have agreed to share the profit of the business carried on by all or any one of them acting for all.
- Cooperative Society: Cooperative society is a voluntary association of persons, who join together with the motive of welfare of the members.
- Joint Stock Company: A company is an association of persons formed for carrying out business activities and has a legal status independent of its members.
- Multinational Corporations: An MNC is a company whose business operations extend beyond the country in which it has been incorporated.
Private, Public and Global Enterprises
Q 1.
Multinational Companies have done more harm than good. Explain.
Q 2.
Discuss the merits and demerits of Departmental Undertaking.
Q 3.
State the various types of organizations in the private sector.
Q 4.
Why is the government company form of organization preferred to other types in the public sector?
Q 5.
Explain three trends indicating changing role of public sector.
Q 6.
Can the public sector companies compete with the private sector in terms of profits and efficiency? Give reasons for your answer.
Q 7.
"MNC's are in a position to exercise massive control on an economy."Substantiate.
Q 8.
Explain the main features of Multinational Company.
Q 9.
Explain the merits and demerits of public-private partnership.
Q 10.
"Public sector has changed its role since 1991 a great deal". Do you agree? Justify your answer.
Q 11.
Give the meaning of Government Company. Explain three merits and three limitations of Government Company.
Q 12.
What was the role of the public sector before 1991?
Q 13.
What is Statutory Corporation? Explain its features, merits and demerits.
Q 14.
What are the benefits of entering into joint ventures?
Q 15.
Explain the concept of Public Sector and Private Sector.
Q 16.
Why are global enterprises considered superior to other business organizations?
Q 17.
Describe the Industrial Policy 1991, towards the public sector.
Q 18.
"Global enterprises are giant both in size and operations."Substantiate this statement.
Q 19.
Define Joint Venture and explain its major benefits.
Q 20.
How does the government maintain a regional balance in the country?
Q 21.
What are the different kinds of organizations that come under the public sector?
Q 22.
"The basic rationale of public sector has changed significantly."In the light of this statement explain any four initiatives taken by the government.
Q 23.
List the names of some enterprises under the public sector and classify them.
Q 24.
What is the difference between Public and Private sector?
Q 25.
Differentiate between Statutory Corporation, Departmental Undertaking and Government Company.
