2/21 a) which type of organisation is suitable when the volume of business is lapege and huge capital provestment is required Give any two advantages of such an organisation
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joint stock company. Hope you understand
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In such a situation company form of business organisation or Joint Stock Company may be the obvious choice whereby we can arrange large amount of capital easily from the members. A Joint Stock Company or simply a company is a voluntary association of persons generally formed for undertaking some big business activity.
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