distinguish between joint sector and co operative sector industries please consider: investment production loss / profit who appoints employees? who manages it? PLEASE ANSWER FAST WHAT YOU KNOW.
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-Joint sector is a situation whereby the ownership,control & management are shared jointly by the government,the private entrepreneurs & public at large.The management control of joint sector enterprise lies with the nominees or representatives of the government,private businessmen & the public while Cooperative sector industries are owned & operated by group of individuals who are producers or work in the industry.Capital is pooled in together by people & profits & profits & losses are shared by them.
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Joint Sector- the ownership, control and management are shared jointly by the Government, the private entrepreneurs and the public at large.The management and control of a joint sector enterprise lies with the nominees or representatives of the Government, private businessmen and the public.
Cooperative sector industries are owned and operated by group of individuals who are producers or workers in the industry. Capital is pooled in together by people and profits and losses are shared by them.
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