MP Board · Class 11 · Business Studies · Private, Public and Global EnterprisesWhat is the primary motive of public sector enterprises?
Step-by-Step Solution
The primary motive of public sector enterprises is social welfare, public service, and balanced regional development, rather than just earning profit.
Detailed Options Breakdown
Option : Profit Maximization
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 1: Social Welfare and Public Service (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Private Wealth Generation
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 3: Monopoly Control
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.