Forms of Business Organisation
Class 11 · Business Studies · 18 Questions
Compare the status of a minor in a Joint Hindu family business with that in a partnership firm.
If registration is optional, why do partnership firms willingly go through this legal formality and get themselves registered? Explain.
State the important privileges available to a private company.
How does a cooperative society exemplify democracy and secularism? Explain.
What is meant by 'partner by estoppel'? Explain.
What do you understand by a sole proprietorship firm? Explain its merits and limitation?
Why is partnership considered by some to be a relatively unpopular form of business ownership? Explain the merits and limitations of partnership.
Why is it important to choose an appropriate form of organisation? Discuss the factors that determine the choice of form of organisation.
Discuss the characteristics, merits and limitation of cooperative form of organisation. Also describe briefly different types of cooperative societies.
Distinguish between a Joint Hindu family business and partnership.
Despite limitations of size and resources, many people continue to prefer sole proprietorship over other forms of organisation? Why?
In which form of organisation is a trade agreement made by one owner binding on the others? Give reasons to support your answer.
The business assets of an organisation amount to Rs. 50,000 but the debts that remain unpaid are Rs. 80,000. What course of action can the creditors take if
Divide students into teams to work on the following: To study the profiles of any five neighbourhood grocery/stationery store
Divide students into teams to work on the following: To conduct a study into the functioning of a Joint Hindu family businesses
Divide students into teams to work on the following: To enquire into the profile of five partnerships firms
Divide students into teams to work on the following: To study the ideology and working of cooperative societies in the area
Divide students into teams to work on the following: To study the profiles of any five companies (inclusive of both private and public companies)