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Question
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.
Solution
The type of commercial organisation established for providing services to its members- Co-operative society.
Explanation:
The purpose of a co-operative society is not to earn profits but to provide services to its members. It is registered under the Cooperative Societies Act 1912.
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RELATED QUESTIONS
Multinational companies have a network of subsidiaries in _________.
Select the proper option from the options given below and rewrite the completed sentence.
Business organization which is controlled by Hindu succession Act is known as ________
Match the correct pairs.
| Group “A” | Group “B” | ||
| a) | Private company | 1) | Compulsory |
| b) | Public company | 2) | Minimum 7 members |
| c) | Common Seal | 3) | Maximum 50 members |
| d) | Registration of a company | 4) | 61% share capital |
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| 6) | Symbol of a company | ||
| 7) | Optional | ||
| 8) | Simple formation | ||
| 9) | Easy dissolution | ||
| 10) | Hindu succession Act 1956 |
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
Write short note on the following.
Merits of Joint stock company.
State with reasons whether the following statement true or false.
Share holders can manage the business.
State with reasons whether the following statement is true or false.
Sole Proprietorship is useful for small business.
Write short answer of the following.
State the point of choice of forms of business organization.
Long answer type question.
Define partnership firm. Explain its merits and demerits.
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.
Long answer type question.
Define Co-operative society. Explain its features.
Distinguish between: Partnership Firm and Joint-stock Company
Why is it important to choose an appropriate form of organisation?
Discuss the factors that determine the choice of form of organisation.
