Private, Public and Global Enterprises

In the NCERT Business Studies book Business Studies (Class 11, Chapter – “Private, Public and Global Enterprises”), you explore the different types of business enterprises based on ownership and control. You learn how private sector enterprises, public sector enterprises, and global enterprises operate and contribute to economic development.

You study the structure and functioning of public sector organizations, including departmental undertakings, public corporations, and government companies, and understand how the government manages and controls these enterprises to serve public interest.

The chapter also introduces global enterprises and multinational companies (MNCs), explaining how businesses operate across multiple countries and influence international trade and investment. You also learn about joint ventures, where two or more businesses collaborate to achieve shared objectives.