Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:
Which of the following enterprises considers "welfare as primary and profit as secondary goals"?
Options:
Joint sector enterprises
Private sector enterprises
Partnership
Public sector enterprises
Correct Answer:
Public sector enterprises
Explanation:
When business enterprises are owned, controlled and operated by public authorities, with welfare as primary and profit as secondary goals, they are called as public sector enterprises.