. What is employment?
14. Define Partnership.
15. State any two features of Private Company.
16. Give the meaning of Departmental Undertakings.
17. State any two differences between Goods & Services.
18. What do you mean by Telecom Services?
19. Give the meaning of Outsourcing.
20. What is Memorandum of Association?
21. State two advantages of Departmental stores.
22. Give the meaning of Automatic Vending Machines.
23. What is meant by Foreign Direct Investment?
24. What is mate’s receipt?
Answers
Answer:
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Bata de
Answer:
Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee
Explanation:
partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. There are several types of partnership arrangements. In particular, in a partnership business, all partners share liabilities and profits equally, while in others, partners may have limited liability.
Number Of Members
There is a requirement of certain number of minimum members for starting a private company. Also, there is a limit to the maximum number of members in a private company. A private company need to have a minimum of 2 members for starting its business.
However, it cannot have more than 200 members, this is the maximum limit.
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