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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. a Sole Proprietorship is the ________ Form of Organization. - Organisation of Commerce and Management

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प्रश्न

Select the proper option from the options given below and rewrite the completed sentence.
A sole proprietorship is the ________ form of organization.

पर्याय

  • private sector

  • public sector

  • none of

MCQ

उत्तर

A sole proprietorship is the private sector form of organisation.
Explanation:
A sole proprietorship is completely owned and managed by an individual. This kind of business is not regulated by any government and is controlled and managed by the proprietor himself. Hence, it is regarded as a private sector organisation.

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Concept of Sole Proprietorship Or Sole Trader
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Forms of Business Organisations - Select the proper option [पृष्ठ ३५]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Forms of Business Organisations
Select the proper option | Q 1 | पृष्ठ ३५

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

 ‘One man show’ type of business organization.


‘One man show’ type of business organization.


Sole Trading Concern and Partnership Firm


 Sole Trading Concern and Partnership


Write a word or a phrase or a term which can substitute the following.
An artificial person created by law.


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. 


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

The liability of a sole trader is unlimited.


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

Sole Trading Concern is convenient and suitable when the market of goods is local.


What do you understand by a sole proprietorship firm?


Despite limitations of size and resources, many people continue to prefer sole proprietorship over other forms of organisation. Why?


The structure in which there is a separation of ownership and management is called


The Karta in Joint Hindu family business has


In a cooperative society, the principle followed is


Profits do not have to be shared. This statement refers to


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


Define sole proprietorship.


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