Public and Private enterprises

By |2022-09-15T12:42:04+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit freedesignfile.com Image credit freedesignfile.com ZIMSEC O Level Commerce Notes: Public and Private enterprises

Private enterprises

  • Businesses owned by private individuals or a group of individuals.
  • Found under the private sector.
  • Formed in order to make profit.
  • Include sole traders, partnerships, private limited companies, multinational corporations and trade associations.

Public enterprises

  • businesses organised and controlled by […]