Advertisements
Advertisements
प्रश्न
State with reasons whether the following statement is true or false.
The owner of the sole proprietorship is the sole decision maker of his business.
विकल्प
True
False
उत्तर
The owner of the sole proprietorship is the sole decision maker of his business : True
Explanation: A sole proprietorship is owned and managed by an individual. Hence, he/she is the sole decision maker of the business.
APPEARS IN
संबंधित प्रश्न
State Whether the Following Statement Are True Or False (Give Reason)
Division of work is not required in organising a function.
State the importance of privatisation.
Match the correct pairs.
| Group “A” | Group “B” | ||
| a) | Private company | 1) | Compulsory |
| b) | Public company | 2) | Minimum 7 members |
| c) | Common Seal | 3) | Maximum 50 members |
| d) | Registration of a company | 4) | 61% share capital |
| e) | Government company | 5) | 51% share capital |
| 6) | Symbol of a company | ||
| 7) | Optional | ||
| 8) | Simple formation | ||
| 9) | Easy dissolution | ||
| 10) | Hindu succession Act 1956 |
Write a word or a phrase or a term which can substitute the following.
The commercial organization which has maximum secrecy.
Write a word or a phrase or a term which can substitute the following.
'One man show' type of business organization.
Write short note on the following.
Merits of Joint stock company.
Write short note on the following.
Demerits of Co-operative society
State with reasons whether the following statement true or false.
The liability of a Karta in a Joint Hindu family firm is limited.
State with reasons whether the following statement true or false.
The maximum number of members in a Joint Hindu family is 20.
State with reasons whether the following statement true or false.
Share holders can manage the business.
State with reasons whether the following statement true or false.
The main purpose of a co-operative organization is to earn profit.
Write short answer of the following.
State the features of Proprietorship.
Write short answer of the following.
State the types of partnership firm.
Write short answer of the following.
State the merits of partnership firm.
Write short answer of the following.
State the point of choice of forms of business organization.
Long answer type question.
Define a Joint Hindu family firm. Explain its merits and demerits.
Long answer type question.
Define Co-operative society. Explain its features.
Long answer type question.
Define Joint Stock Company. Explain its merits and demerits.
