Business Studies

The organization form of public sector enterprise does not include ______.


ANSWER

subsidiary to public company


SOLUTION
The subsidiaries remain private. They are private subsidiaries of a public company. 
Think about it if a subsidiary went public, that would mean that its shares were being offered to the public, instead of all being owned by the parent company, and so it would no longer be a subsidiary.
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Single Correct Medium Published on 18th 08, 2020
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