Question

which is the following is not the form of private enterprises
a) solo proprietorship
b) department undertaking
c) partnership
d) joint stock company​

Answer 1

Answer:

Various types of organizations in the private sector include:

Sole Proprietorship: Sole proprietorship refers to a form of business organization which is owned, managed and controlled by an individual who is the recipient of all profits and bearer of all risks.

Hindu Undivided Family Business: It refers to a form of organization wherein the business is owned and carried by the members of the Hindu Undivided Family (HUF).

Partnership: Partnership is the relation between persons who have agreed to share the profit of the business carried on by all or any one of them acting for all.

Explanation:

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