Advertisements
Advertisements
प्रश्न
Write a word or a phrase or a term which can substitute the following.
The owner is the sole manager and decision maker of his business.
उत्तर
The owner is the sole manager and decision maker of his business- Sole proprietorship.
Explanation:
In a sole proprietorship, the business is owned and managed by one individual. This individual is solely responsible of the business and doesn’t share profits and loss with anyone.
APPEARS IN
संबंधित प्रश्न
‘One man show’ type of business organization.
Sole trading concern and Partnership firm .
Sole Trading Concern and Partnership Firm
Functions of Lower Level Management.
Sole Trading Concern and Partnership
Select the proper option from the options given below and rewrite the completed sentence.
A sole proprietorship is the ________ form of organization.
Select the proper option from the options given below and rewrite the completed sentence.
A sole trading concern ensures ________ business secrecy.
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.
What do you understand by a sole proprietorship firm?
The Karta in Joint Hindu family business has
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
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
