Cheat sheet · Class 11 · CBSE · Commerce Business Studies
Public, Private and Global Enterprises cheat sheet
The whole chapter on one page: key formulas, facts and the points to remember, for quick revision before a test.
CBSE Class 11 · Business Studies
Cheat sheet
Chapter 3Public, Private and Global Enterprises
Departmental, Statutory corporation, Government company — 3 forms of public enterprise.
1. Forms of Public Sector Enterprises
| Form | Created by | Example |
|---|---|---|
| Departmental undertaking | a government ministry | Indian Railways, Post |
| Statutory corporation | special Act of Parliament | LIC, RBI |
| Government company | Companies Act; ≥ 51% govt shares | SAIL, BHEL |
2. Global Enterprises (MNCs)
- Huge capital, advanced technology, product innovation.
- Centralised control from home country.
- Market dominance.
3. Joint Ventures & PPP
Joint venture
two or more firms pool resources for a common goal.
Public–private partnership
government + private sector share risk and reward (roads, airports).
4. Key Points
- Public sector's changing role since 1991.
- Disinvestment: selling government shares.
- Maharatna, Navratna, Miniratna status.
- MOU system for performance.
Remember: 3 forms of PSEs | MNC features | JV & PPP
Public, Private and Global Enterprises: questions and notes
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