Public Sector, Private Sector and Global Enterprises — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMPublic Sector, Private Sector and Global Enterprises2 Marks
Question
Explain the role of joint-enterprise.
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Answer
Through joint-enterprise, nation is benefitted with the advantage of new modern technology, which adds to efficiency and decreases cost.
Good quality product at cheaper rate is available in the market which increases the demand. It contributes to industrial and economic development of the nation.
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