हिंदी

‘One Man Show’ Type of Business Organization. - Organisation of Commerce and Management

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प्रश्न

‘One man show’ type of business organization.

उत्तर

Sole trading concern

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Concept of Sole Proprietorship Or Sole Trader
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2016-2017 (July) Set 1

संबंधित प्रश्न

  Group'A'   Group 'B'
a Sole trader 1 Insurable interest
b Life insurance 2 Branch of Social Science
c Business ethics 3 Local market
d Henry Fayol 4 Father of scientific management
e

Planning

5 Principle of indemnity
    6 Father of modern management
    7 Primary function of management
    8 To earn profit
    9 Last function of management
    10 National market

Distinguish between Proprietorship and Joint Hindu Family Firm


A sole trading concern ensures ______________ business secrecy.


Sole Trading Concern and Partnership Firm


Select the proper option from the options given below and rewrite the completed sentence.
A sole proprietorship is the ________ form of organization.


Select the proper option from the options given below and rewrite the completed sentence.
A sole proprietorship has ________ owner/owners.


Match the correct pairs.


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


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

A sole trader can take prompt decisions and quick actions. 


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

Business secrecy cannot be maintained in a Sole Trading Concern.

 
 

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

The liability of a sole trader is unlimited.


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.


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 structure in which there is a separation of ownership and management is called


In a cooperative society, the principle followed is


The board of directors of a joint-stock company is elected by


The capital of a company is divided into a number of parts each one of which is called


Provision of residential accommodation to the members at reasonable rate is the objective of


Define sole proprietorship.


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