Question

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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Answer 1

Answer:

Advantage of the following-:

An induced Entrepreneur is one who is induced to take up an entrepreneurial activity due to policy measures of the government to start a new venture. T/F

Ans: T.

Q9.An Entrepreneur is different from a manager T/F

Ans. T

Q10.Bank Overdraft is a source of short term Finance T/F

Ans T

Answer 2

Answer:

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.

Explanation:

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