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.
पर्याय
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
The maximum number of partners for a firm carrying on banking business is .............. .
Multinational companies have a network of subsidiaries in _________.
Write a word or a phrase or a term which can substitute the following.
The type of commercial organization established for providing services to its members.
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.
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 is true or false.
Sole Proprietorship is useful for small 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 demerits of proprietorship.
Write short answer of the following.
State the features of Proprietorship.
Write short answer of the following.
State the types of partnership firm.
Distinguish between: Partnership Firm and Joint-stock Company