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Questions and Answers
Which type of business organisation is owned and managed by a single individual?
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?
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?
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?
Which type of business organisation is owned and managed by a single individual?
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Which type of business organisation is formed by a group of people who share the profits and losses?
Which type of business organisation is formed by a group of people who share the profits and losses?
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Which type of business organisation is based on the principles of self-help and mutual assistance?
Which type of business organisation is based on the principles of self-help and mutual assistance?
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