Explain the challenges faced by Public S | Class 11 Business Studies Chapter Private, Public and Global Enterprises, Private, Public and Global Enterprises NCERT Solutions

Question:

Explain the challenges faced by Public Sector Enterprises in India and suggest measures for improvement.

Answer:

  • Challenges:
    • Inefficiency: Lack of competition leads to low productivity.
    • Overstaffing: Excess manpower increases operational costs.
    • Political Interference: Impacts decision-making and profitability.
    • Technological Backwardness: Inability to adopt modern practices.
    Measures for Improvement:
    • Privatization: Selling stakes to private players can enhance efficiency.
    • Professional Management: Appointing experts for better decision-making.
    • Modernization: Investing in technology and training.
    • Autonomy: Reducing bureaucratic interference to promote innovation.
    Public enterprises must strike a balance between achieving social goals and maintaining financial sustainability.


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 9: Explain the challenges faced by Public Sector Enterprises in India and suggest measures for improvem....