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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 Enterprises3 Marks
Question
Write about the objective behind starting joint enterprise.
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Answer

  • The aim for starting joint enterprise are as below.
$(1)$ To use ones spare and complementary manufacturing ability.
$(2)$ To develop distribution system.
$(3)$ For industrial procedure.
$(4)$ Strategic integration (merger) and joint enterprise to gain financial backing.

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