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Question
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 | ||
Solution
|
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.
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RELATED QUESTIONS
| 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.
Distinguish between Proprietorship and Joint Hindu Family Firm
Define Sole Trading Concern ?
Sole trading concern and Partnership firm .
A sole trading concern ensures ______________ business secrecy.
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 proprietorship has ________ owner/owners.
Match the correct pairs.
Write short notes on the following.
Features of a proprietorship
Write short note on the following.
Features of partnership firm.
What do you understand by a sole proprietorship firm?
The structure in which there is a separation of ownership and management is called
In a cooperative society, the principle followed is
The capital of a company is divided into a number of parts each one of which is called
