हिंदी

Match the Pairs : - Organisation of Commerce and Management

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प्रश्न

Match the pairs :        

Group 'A'

Group 'B'

(a) Sole trader (1) Compensation upto Rs 20 lacs
(b) Globalisation (2) Minimum two members
(c) District Forum (3) Dr. Deming
(d) Private company (4) Regional market
(e) Total Quality Management (5) F. W. Taylor
    (6) Minimum seven members
    (7) Maximum secrecy
    (8) Compensation more than Rs 20 lacs
    (9) International market
    (10) Minimum secrecy

    

उत्तर

Group 'A'
Group 'B'
(a) Sole trader (7) Maximum secrecy
(b) Globalisation (9) International market
(c) District Forum (1) Compensation upto Rs 20 lacs
(d) Private company (2) Minimum two members
(e) Total Quality Management (3) Dr.Deming

(a) In a sole trading concern, all the decisions are taken by the proprietor; therefore, he/she retains maximum business-related secrecy.
(b) Globalisation can be defined as the process of integrating the national economy to the World economy. As a move towards globalisation various measures are taken to promote free trade among nations.
(c) Those cases are taken to district courts in which the value of goods or services in question, along with the compensation that is claimed, is less than Rs 20 lakh.
(d) A private company is formed with minimum two persons and a maximum of 50 members. It can be registered when there are atleast two members.
(e) ​The concept of total quality management was given by Dr. Deming. This concept focuses on how quality, efficiency and productivity in a organisation can be increased.

shaalaa.com
Concept of Sole Proprietorship Or Sole Trader
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2011-2012 (March)

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संबंधित प्रश्न

 ‘One man show’ type of business organization.


Distinguish between Proprietorship and Joint Hindu Family Firm


Sole Trading Concern and Partnership Firm


 Functions of Lower Level Management.


Select the proper option from the options given below and rewrite the completed sentence.
A proprietor has ________ liability.


Select the proper option from the options given below and rewrite the completed sentence.
A sole trading concern ensures ________ business secrecy.


Match the correct pairs.


Write a word or a phrase or a term which can substitute the following.
The owner is the sole manager and decision maker of his business.


Write a word or a phrase or a term which can substitute the following.
An artificial person created by law.


Write short notes on the following.
Features of a proprietorship


Write short note on the following.
Features of partnership firm.


State Whether the Following Statement Are True Or False (Give Reason)

Sole Trading Concern is convenient and suitable when the market of goods is local.


Despite limitations of size and resources, many people continue to prefer sole proprietorship over other forms of organisation. Why?


Kiran is a sole proprietor. Over the past decade, her business has grown from operating a neighbourhood corner shop selling accessories such as artificial jewellery, bags, hair clips and nail art to a retail chain with three branches in the city. Although she looks after the varied functions in all the branches, she is wondering whether she should form a company to better manage the business. She also has plans to open branches countrywide.

(a) Explain two benefits of remaining a sole proprietor
(b) Explain two benefits of converting to a joint stock company
(c) What role will her decision to go nationwide play in her choice of form of the organisation?
(d) What legal formalities will she have to undergo to operate business as a company?


The Karta in Joint Hindu family business has


In a cooperative society, the principle followed is


A partner whose association with the firm is unknown to the general public is called


Define sole proprietorship.


Define the following business entities:

Sole Proprietorship


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