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Private, Public and Global Enterprises- 1 Video Lecture | Business Studies for Grade 11

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FAQs on Private, Public and Global Enterprises- 1 Video Lecture - Business Studies for Grade 11

1. What is the difference between private, public, and global enterprises?
Ans. Private enterprises are owned and operated by individuals or groups, public enterprises are owned and operated by the government, and global enterprises operate in multiple countries with a global presence.
2. Can a private enterprise become a global enterprise?
Ans. Yes, a private enterprise can expand its operations globally by establishing branches or forming partnerships in different countries, thus becoming a global enterprise.
3. How are public enterprises funded?
Ans. Public enterprises are funded through government investments, loans, and revenue generated from their operations.
4. What are the advantages of global enterprises compared to private and public enterprises?
Ans. Global enterprises have access to a larger market, diverse talent pool, and resources from various countries, giving them a competitive edge over private and public enterprises.
5. How do global enterprises contribute to the economy?
Ans. Global enterprises create job opportunities, drive innovation, and increase trade between countries, ultimately boosting economic growth and development.
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