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Give one word/phrase/term.The sector which aims at profit maximization. - Organisation of Commerce and Management

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Question

Give one word/phrase/term.
The sector which aims at profit maximization.

One Word/Term Answer
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Solution

Private sector

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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 113]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 5 Forms of Business Organisation - II
EXERCISE | Q 1. C) 3) | Page 113

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The sector which aims at providing reliable services to customers.


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Answer in one sentence.

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Correct the underlined word and rewrite the following sentence.

Private sector aims at providing essential services to customers.


Explain the following term/concept.

Private Sector Organisation.


Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation  3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt.

Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt.

Match the pairs.

Group ‘A’  Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by govt.
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt.

Match the pairs.

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B)  Statutory Corporation 2) 49% paid up capital by govt
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
    6) 51% paid up capital by govt

Match the pairs.

Group 'A' Group 'B'
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid-up capital by govt
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E Public Sector 5) Profit Motive
    6) 51% paid-up capital by govt.

Match the pairs:

Group ‘A’ Group ‘B’
A) BHEL 1) Special Legislature
B) Statutory Corporation 2) 49% paid up capital by government
C) Departmental Organisation 3) Service Motive
D) Private Sector 4) Railway
E) Public Sector 5) Profit Motive
  6) 51% paid up capital by government

What is the main purpose of a public sector organisation?


During which historical stage did the formalised growth of public sector enterprises occur in India?


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