Exploring Different Forms of Business Organizations
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Questions and Answers

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

  • Sole proprietorship (correct)
  • Co-operative society
  • Joint Hindu family
  • Partnership firm

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

  • Sole proprietorship
  • Partnership firm (correct)
  • Joint Hindu family
  • Co-operative society

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

  • Partnership firm
  • Sole proprietorship
  • Co-operative society (correct)
  • Joint Hindu family

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

    <p>Sole proprietorship</p> Signup and view all the answers

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

    <p>Partnership firm</p> Signup and view all the answers

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

    <p>Co-operative society</p> Signup and view all the answers

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