1.name three types of business undertaking. ans is :- private sector undertaking, public sector undertaking, joint sector undertaking. is you answer shaily.
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1. private sector - owned by individual or a group of individuals eg: partnership , joint hindu family , cooperative
2.public sector - consists of various organizations managed ND owned by the government eg : economic activities of the country
3. The term 'joint sector' is applied to an undertaking only when both its ownership and control are effectively shared between public sector agencies and a private group. The basic idea underlying the concept is combination of joint ownership, joint control and professional Management !!
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