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Question
lnspite of various limitations the company form of organisation is popular these days? Why it is so?
Short Answer
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Solution
Despite its many drawbacks, the corporate form of organisation is becoming more and more significant, especially for large businesses that need more funding and skilled managerial personnel. Regarding the flaws in company organisation, it may be claimed that these flaws are more the result of the individuals who founded the businesses than of the system of company organisation.
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