MP Board · Class 11 · Business Studies · Private, Public and Global EnterprisesWhich of the following enterprises enjoys maximum autonomy in its day-to-day operations?
Step-by-Step Solution
Government companies enjoy maximum autonomy and flexibility in their management and operational decisions compared to departmental undertakings and statutory corporations, as they are registered under the Companies Act.
Detailed Options Breakdown
Option : Departmental Undertaking
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 1: Statutory Corporation
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 2: Government Company (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: Railways
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
💡 Study Guide: This question tests core syllabus concepts from Private, Public and Global Enterprises. For formulas, key summaries, and mock exam reference guides, read the full Private, Public and Global Enterprises Revision Notes.