Describe the characteristics and benefit | Class 11 Business Studies Chapter Private, Public and Global Enterprises, Private, Public and Global Enterprises NCERT Solutions

Question:

Describe the characteristics and benefits of a Global Enterprise.

Answer:

Characteristics:
- Large-scale operations across countries.
- Advanced technology and innovation.
- Professional management with diverse expertise.
- Access to international markets and resources.
Benefits:
- Contribution to GDP by generating foreign exchange.
- Technology transfer to developing economies.
- Job creation across countries.
- Promoting international trade and cultural exchange.

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Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

Read the question carefully and focus on the core concept being asked.
Reference examples and data from the chapter when answering questions about Private, Public and Global Enterprises.
Review previous year question papers to get an idea of how such questions may be framed in exams.
Practice answering questions within the time limit to improve your speed and accuracy.
Discuss your answers with your teachers or peers to get feedback and improve your understanding.

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Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 5: Describe the characteristics and benefits of a Global Enterprise.....

Describe the characteristics and benefit | Class 11 Business Studies Chapter Private, Public and Global Enterprises, Private, Public and Global Enterprises NCERT Solutions

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