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State with Reasons Whether the Following Statement is True Or False. Sole Proprietorship is Useful for Small Business. - Organisation of Commerce and Management

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प्रश्न

State with reasons whether the following statement is true or false.

Sole Proprietorship is useful for small business.

विकल्प

  • True 

  • False 

MCQ
सत्य या असत्य

उत्तर

Sole Proprietorship is useful for small business : True
Explanation: A sole proprietorship is good for small businesses. This is because in a sole proprietorship, the individual requires modest capital and limited managerial skills to operate the business.

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अध्याय 1: Forms of Business Organisations - True or false [पृष्ठ ३९]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Forms of Business Organisations
True or false | Q 15 | पृष्ठ ३९

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Business organization is a part of ____________  

Multinational companies have a network of subsidiaries in  _________.


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 rules and regulations laid down by the managing committee of a co-operative organization.


Write short note on the following.
Merits of Joint stock company.


State with reasons whether the following statement true or false.
There is no limit for membership in Joint Hindu family Business.


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.

Company form of organization has developed before industrial revolution.


State with reasons whether the following statement true or false.

The ownership and management are not separate in Joint stock company.


State with reasons whether the following statement true or false.

The main purpose of a co-operative organization is to earn profit.


State with reasons whether the following statement true or false.

In partnership agreement may be oral or written.


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.


State with reasons whether the following statement is true or false.

A sole trading concern is easiest to form.


Write short answer of the following.
State the features of Proprietorship.


Write short answer of the following.
State the merits of partnership firm.


Write short answer of the following.
State factors to be considered for starting business.


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 a Joint Hindu family firm. Explain features of joint Hindu family firm.


Discuss the factors that determine the choice of form of organisation.


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