English

Give one word/phrase/term.The owner is the sole manager and decision maker of his business. - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Give one word/phrase/term.
The owner is the sole manager and decision maker of his business.

One Word/Term Answer
Advertisements

Solution

Sole Trader.

shaalaa.com
  Is there an error in this question or solution?
Chapter 4: Forms of Business Organisation - I - EXERCISE [Page 90]

APPEARS IN

Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 4 Forms of Business Organisation - I
EXERCISE | Q 1. C) 2) | Page 90

RELATED QUESTIONS

Give one word/phrase/term.
One man Show type of business organisation.


Give one word/phrase/term.
A partnership agreement in writing.


Give one word/phrase/term.
An organization which is service-oriented.


Select the correct option and rewrite the sentence.

The members of Hindu undivided family business are called___________


Select the correct option and rewrite the sentence.

A Joint Stock Company is an artificial person created by ________.


Select the correct option and rewrite the sentence.

Registration of a Joint Stock Company is ________.


Select the correct option and rewrite the sentence.

Liability of member of a Co-operative Society is ________.


Match the pairs.

Group ‘A’ Group ‘B’
A) Private Company 1) Karta
B) Public Company 2) Local Market
C) Common Seal 3) 1932
D) Partnership Act 4) Maximum 200 members
E) Joint Hindu Family Firms 5) One Man Show
  6) Minimum Seven members
  7) Minimum 10 members
  8) Signature of Company
  9 ) Maximum 100 members
  10) Manager

Complete the sentence.

Private sector enterprises are owned and managed by the _____________


Correct the underlined word and rewrite the following sentence.

In public company, shares are not freely transferrable


Distinguish between Private Limited Company and Public Limited Company.


What is the main objective of businesses in the private sector?


Which industry is strongly influenced by India’s private sector growth?


Amul Dairy is an example of which form of organisation?


What advantage does a joint stock company have over other forms of private sector organisations?


Which feature of private sector organisations states that businesses are managed by owners or professionals?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×