The Tata Group, founded by Jamhedji N. Tata in 1868, as a private
trading firm. Presently doing business in different segments like steel, automobiles,
energy, home care products, etc. The group is managed by professional managers
appointed by the Board of Directors. The business group enjoys global leadershipand its main motive is to earn profit and generate wealth. The group is not
accountable to the public.
(a) The given case is referring to the working of a private sector
enterprise. Name the other sector which is also working in our mixed economy.
(b) In the instant case, the group is not accountable to the public. To whom the
group is accountable?
(c) What is the main aim of public sector enterprises?
(d) In whose hand the management of public enterprises is entrusted?
(e) Does public enterprises have freedom of operations?
(f) Are public enterprises accountable to the public? (6)
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yr Itna Baad question.......
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