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‘One Man Show’ Type of Business Organization. - Organisation of Commerce and Management

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Question

‘One man show’ type of business organization.

Solution

Sole trading concern

shaalaa.com
Concept of Sole Proprietorship Or Sole Trader
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2016-2017 (July) Set 1

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.


 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 proprietorship has ________ owner/owners.


Match the correct pairs.


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.


Distinguish between the following.
Sole Trading concern and partnership firm.


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) 

A sole trader has weak bargaining power.


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


The Head of the joint Hindu family business is called


Provision of residential accommodation to the members at reasonable rate is the objective of


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