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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
How do global enterprises capital oriented production method adopt ?
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Answer

  • Capital oriented production method means for production process the use of more machines and less human force. Global enterprises have huge capital.
  • They spend large amount for research and development. And they develop technology continuously. They can increase mechanization in production method.

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