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Joint Venture: Meaning, Functions, Importance, Types & Example
A joint venture is a business agreement of two or more companies that come together to engage in a specific…
Posted inStudy Material
What is the Role of Public Sector in Industrial Development?
The role of public sector in industrial development is critical in building strong economies. The public sector managed by the…
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What is the Difference Between Private Sector and Government Sector?
The private sector and government sector form the backbone of any economy. While they both serve to offer commodities, services,…
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Types of Planning: Key Categories Their Importance and More
Types of planning refer to the different approaches and strategies that organizations and individuals use to achieve their goals and…
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What is Formal Group: its Definition, Importance and Benefits
A formal group is an organized assembly of people formed within an organization to attain specific objectives. Such groups are…