Question

''It is common to find many organised sector enterprises in the unorganised sector.'' Explain the above statement with an example.

Answer 1

The sector which is registered and follows government rules and regulations, having employees and employee unions is called as organised sector. In India, banks, railways, insurance industry, central government employees, etc can be called as an Organised Sector. This sector works according to the certain rules and regulations given in the law. Organised sector has some formal processes and procedures.
we can conclude that both organised and unorganised sectors are prevalent in the country and contributes their share for the development of the economy but organised sector have many advantages because its employees enjoy more benefits, earn more money, have job security, etc when compared to employees of the unorganised sector.




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Answer 2

Answer:

Many enterprises who are considered as the workers in organized sector invest more money in unorganized sector like private companies etc... this is bcoz to to get lots of profits with less investments n flexible laws.. ... flexible in labour laws means the enterprises can hire laborers when they are needed.