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प्रश्न
Write a word or a phrase or a term which can substitute the following.
'One man show' type of business organization.
उत्तर
One man show type of business- Sole proprietorship.
Explanation:
A sole proprietorship is owned, controlled and managed by one person. Therefore, it is also known as one-man show. The proprietor receives all the profits. At the same time, he/she is responsible for the losses.
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संबंधित प्रश्न
Write a word or a phrase or a term which can substitute the following.
An elected body of representatives of a co-operative organization for its day-to-day administration.
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 Hindu family
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.
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 merits of partnership firm.
Write short answer of the following.
State factors to be considered for starting business.
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.
Why is it important to choose an appropriate form of organisation?
Discuss the factors that determine the choice of form of organisation.
