A joint stock company is an improvement over other forms of business organisation. Do you agree with this statement? If so, give reasons.if not, why?
Answers
Answered by
3
Answer:
yes I am agree this answer
Answered by
4
Yes, a joint stock company is indeed an improvement over the other forms of business organizations.
The reasons are mentioned as follows:
- Joint stock organizations are limited liability companies where the risk is shared by a large number of individuals.
- No one particular entity is given more duty and hence no one particular individual can also exercise his or her right in the company and force the latter to take decisions.
- Therefore, the company becomes more stable and is expected to perform in an improved fashion in the future.
- This form of business also motivates investors to invest in the company as all gain joint profits.
Learn more about Joint stock company:
State the advantages of joint stock company
https://brainly.in/question/1909006
The ownership and management are not separate in Joint stock company. (State with reason whether the given statement is true or false)
https://brainly.in/question/7773476
Similar questions