Exploring Different Forms of Business Organizations

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6 Questions

Which type of business organisation is owned and managed by a single individual?

Sole proprietorship

Which type of business organisation is formed by a group of people who share the profits and losses?

Partnership firm

Which type of business organisation is based on the principles of self-help and mutual assistance?

Co-operative society

Which type of business organisation is owned and managed by a single individual?

Sole proprietorship

Which type of business organisation is formed by a group of people who share the profits and losses?

Partnership firm

Which type of business organisation is based on the principles of self-help and mutual assistance?

Co-operative society

Test your knowledge on different forms of business organisations with this informative quiz. From sole proprietorship to co-operative societies, explore the roles, responsibilities, and structures of these entities. Challenge yourself and see how well you understand the various types of business organisations.

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