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प्रश्न
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 | ||
उत्तर
|
Group 'A'
|
Group 'B'
|
||
| (a) | Sole trader | (7) | Maximum secrecy |
| (b) | Globalisation | (9) | International market |
| (c) | District Forum | (1) | Compensation upto Rs 20 lacs |
| (d) | Private company | (2) | Minimum two members |
| (e) | Total Quality Management | (3) | Dr.Deming |
(a) In a sole trading concern, all the decisions are taken by the proprietor; therefore, he/she retains maximum business-related secrecy.
(b) Globalisation can be defined as the process of integrating the national economy to the World economy. As a move towards globalisation various measures are taken to promote free trade among nations.
(c) Those cases are taken to district courts in which the value of goods or services in question, along with the compensation that is claimed, is less than Rs 20 lakh.
(d) A private company is formed with minimum two persons and a maximum of 50 members. It can be registered when there are atleast two members.
(e) The concept of total quality management was given by Dr. Deming. This concept focuses on how quality, efficiency and productivity in a organisation can be increased.
APPEARS IN
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.
‘One man show’ type of business organization.
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.
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
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
Profits do not have to be shared. This statement refers to
The capital of a company is divided into a number of parts each one of which is called
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
Define sole proprietorship.
Define the following business entities:
Sole Proprietorship
