Advertisements
Advertisements
प्रश्न
From the following, identify the form of business organisation that generally has a limited area of operation due to limited finance availability and limited managerial abilities:
पर्याय
Sole Proprietorship
Partnership Firm
Private Company
Public Company
MCQ
उत्तर
Sole Proprietorship
Explanation:
- A Sole Proprietorship is typically a small-scale business owned and managed by one person.
- It generally operates in a limited area due to restricted financial resources and the owner's limited managerial abilities.
- Unlike other forms of business, it does not have the advantage of shared resources or professional management.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
