Maharashtra State BoardHSC Commerce 12th Board Exam
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Write a Word Or a Phrase Or a Term Which Can Substitute the Following. the Commercial Organization Which Has Maximum Secrecy. - Organisation of Commerce and Management

One Line Answer
One Word Answer

Write a word or a phrase or a term which can substitute the following.
The commercial organization which has maximum secrecy.

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Solution

The commercial organisation which has maximum secrecy- Sole proprietorship.
Explanation:
A sole trading concern ensures maximum business secrecy. All the information related to the business remains with the owner and it is up to him whether he wants to share the information with others or not. So, others cannot take undue advantage.

Concept: Choice of Form of Business Organization
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Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 1 Forms of Business Organisations
Write a word or a phrase | Q 6 | Page 38
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