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.

एक शब्द/वाक्यांश उत्तर

उत्तर

Sole trading concern.

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Concept of Sole Proprietorship Or Sole Trader
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2013-2014 (October)

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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

Features of sole trading concern.


A sole trading concern ensures ______________ business secrecy.


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

    


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.


Distinguish between the following.
Sole Trading concern and partnership firm.


Write short notes on the following.
Features of a proprietorship


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

A sole trader can take prompt decisions and quick actions. 


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


The Karta in Joint Hindu family business has


The Head of the joint Hindu family business is called


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


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


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