Question

Group of shopkeepers in karol bagh joined together to ensure easy availability of finance which form of business are they involved in explain its advantages and disadvantages

Answer 1

thermocline
In the thermocline, temperature decreases rapidly from the mixed upper layer of the ocean (called the epipelagic zone) to much colder deep water in the thermocline (mesopelagic zone).

Answer 2

Answer:

This case is an example of working in collaboration by the shopkeepers of Karol Bagh to ensure financial avail abilities.

Explanation:

Generally, there can be a number of business options that either work on sole proprietorship or on the basis of joint venture and collaboration. In case of sole proprietorship, there is only none owner looking after the business and the advantage lies in the fact that all profits can be used by him only. however his finance might be limited.

In case of a collaboration, there are a number of business partners as in the present case of shopkeepers of Karol Bagh and they can here finance which is easily available. This is the advantage. However thew disadvantage is that the profits get shared and there is limited control. in most if the cases, these shopkeepers might work in the form of a cooperative also. however working in partnership basis would be better in terms of profit earning for them.