what you mean by ownerships
Answers
Answered by
0
Answer:
ownership is a state or rights and control over properties which may be any asset in including object, land, real-estate intellectual properties.
Answered by
0
Answer:
Ownership refers to the person (individual/group) having full rights over the firm. Ownership can be with an individual or group of individuals. It can be publically owner or privately owned.
Ownership has 3 types:
- Publically owned: Authorities sent by the government are publically incharge of these institutions. Publically owned firms have one motive—providing public all the facilities required. For example, railways.
- Privately owned: The private firms are owned by individuals themselves. The main motive of privately-owned firm is to make profit as much as possible. For example, Facebook.
- Jointly owned; Jointly owned firms are owned by private individuals and government both. Both make thr necessary decisions. For example, maruti suzuki.
Similar questions