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Q.

What does a joint industry sector mean?

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a

Function under the partnership of government and private companies

b

Whenever individuals own and operate a business.

c

Whenever cooperatives control a function.

d

None of these.

answer is A.

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Detailed Solution

When an enterprise's ownership and management are effectively divided between public sector organizations and a private group, the phrase "joint sector" is used to describe it. The concept is based on the combination of shared ownership, joint control, and professional management.

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What does a joint industry sector mean?