In a private sector enterprise, the assets are owned by _____.

private individuals and companies

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private individuals and government

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private individuals and workers

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private individuals and state

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Solution

The correct option is A private individuals and companies
In the private sector, ownership of assets and delivery of services is in the hands of private individuals or companies.
Companies like Tata Iron And Steel Company Limited (TISCO) or Reliance Industries Limited (RIL) are privately owned.

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