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Which of the following is an example of a private business organization?
  • a)
    Central Bank
  • b)
    Ministry of Education
  • c)
    Cooperative Society
  • d)
    Nigerian National Petroleum Corporation
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following is an example of a private business organizatio...
A cooperative society is a private business organization that is owned and operated by a group of individuals who pool their resources together for a common economic goal. Examples of cooperative societies include agricultural cooperatives, consumer cooperatives, and housing cooperatives. Options a), b), and d) are all examples of public or government-owned entities.
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Which of the following is an example of a private business organization?a)Central Bankb)Ministry of Educationc)Cooperative Societyd)Nigerian National Petroleum CorporationCorrect answer is option 'C'. Can you explain this answer?
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