Question

16. Suppose your friends wants to commence business but he finds difficulty in making choice of
form of business organisation. In context to this how would you help him?

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Answer 1

Answer:

o will tell him or her the benefits of yeh job the advantages and the profit of it

Answer 2

Answer:

Some of the factors affecting the choice of a suitable or ideal form of business organisation are:-

1. Nature of Business 2. Scale of Operations 3. Capital Requirements 4. Degree of Control 5. Extent of Risk and Liability 6. Division of Profit 7. Stability of Business 8. Talent Needs 9. Government Control 10. Area of Operations

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