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What advantage of a joint stock company is highlighted in this image showing a boardroom meeting of directors? - Commercial Applications

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प्रश्न

What advantage of a joint stock company is highlighted in this image showing a boardroom meeting of directors?

विकल्प

  • Limited Liability

  • Efficient Management

  • Legal Formalities

  • Lack of Motivation

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उत्तर

Efficient Management

Explanation:

A joint stock company is managed by an experienced Board of Directors. Their collective expertise ensures better planning, decision-making, and effective management of company affairs.

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Ownership Structures - Joint Stock Company - EXERCISES [पृष्ठ ५४]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 4 Ownership Structures - Joint Stock Company
EXERCISES | Q I. 26. | पृष्ठ ५४
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