Which of the following is not the form of private enterprises?
(a) Sole Proprietorship
(b) Departmental Undertakin
(c) Partnership
(d) Joint Stock Company
Answers
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Answer:
joint stock company
Explanation:
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Joint Stock Company is not the form of private enterprises.
Explanation:
- A commercial or business organization that is owned or managed by a private individual or group is referred to as a private enterprise.
- It is privately held by people. It is driven by a desire to make money.
- It consists of privately owned and operated company activity. These companies can be big international corporations that conduct business all over the world or small businesses run by a single person.
- Making money is the aim of all private sector firm.
To know more about private enterprises, visit:
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