Podcast
Questions and Answers
A sole proprietorship is one of the simplest business forms for operating a business. It refers to a single person who owns and operates the business, and is personally responsible for its debts. This legal structure is known as a ______.
A sole proprietorship is one of the simplest business forms for operating a business. It refers to a single person who owns and operates the business, and is personally responsible for its debts. This legal structure is known as a ______.
Sole Proprietorship
A partnership requires two or more partners, bound by a written or oral agreement, who agree to enter into business together. This legal structure is known as a ______.
A partnership requires two or more partners, bound by a written or oral agreement, who agree to enter into business together. This legal structure is known as a ______.
Partnership
Cooperatives are enterprises which are controlled and owned by a group of people, and which work for their collective benefit and satisfaction of their collective needs. This legal structure is known as a Cooperative ______.
Cooperatives are enterprises which are controlled and owned by a group of people, and which work for their collective benefit and satisfaction of their collective needs. This legal structure is known as a Cooperative ______.
Society
Non Profit Organisations or Non-Governmental Organisations are organisations which are independent from the state and are typically dedicated to furthering a particular social cause or advocating for a particular point of view. This legal structure is known as a Non Profit ______.
Non Profit Organisations or Non-Governmental Organisations are organisations which are independent from the state and are typically dedicated to furthering a particular social cause or advocating for a particular point of view. This legal structure is known as a Non Profit ______.
Signup and view all the answers
Social entrepreneurship framework includes various legal structures such as sole proprietorship, partnership, cooperative society, and non-profit organisation. These structures aim to promote social change and address ______ issues.
Social entrepreneurship framework includes various legal structures such as sole proprietorship, partnership, cooperative society, and non-profit organisation. These structures aim to promote social change and address ______ issues.
Signup and view all the answers
A sole proprietorship is owned and operated by a ______ person.
A sole proprietorship is owned and operated by a ______ person.
Signup and view all the answers
Partnership requires two or more ______.
Partnership requires two or more ______.
Signup and view all the answers
Cooperatives are controlled and owned by a group of ______.
Cooperatives are controlled and owned by a group of ______.
Signup and view all the answers
Non Profit Organisations are typically dedicated to furthering a particular social cause or advocating for a particular ______.
Non Profit Organisations are typically dedicated to furthering a particular social cause or advocating for a particular ______.
Signup and view all the answers
A written agreement is ideal for a partnership, preferably drafted with the help of a ______.
A written agreement is ideal for a partnership, preferably drafted with the help of a ______.
Signup and view all the answers
