This document outlines topics related to business organization and management for a commerce department exam, including the functions of sole proprietorships and partnerships, the characteristics of joint stock companies, the incorporation process of companies, definitions of management and coordination, and techniques for effective control. It provides 16 short questions on concepts like the objectives of business, differences between sole proprietorships and partnerships, advantages and disadvantages of companies and line and staff organizing, and principles of management, scientific management, organizing, and coordination.
This document outlines topics related to business organization and management for a commerce department exam, including the functions of sole proprietorships and partnerships, the characteristics of joint stock companies, the incorporation process of companies, definitions of management and coordination, and techniques for effective control. It provides 16 short questions on concepts like the objectives of business, differences between sole proprietorships and partnerships, advantages and disadvantages of companies and line and staff organizing, and principles of management, scientific management, organizing, and coordination.
This document outlines topics related to business organization and management for a commerce department exam, including the functions of sole proprietorships and partnerships, the characteristics of joint stock companies, the incorporation process of companies, definitions of management and coordination, and techniques for effective control. It provides 16 short questions on concepts like the objectives of business, differences between sole proprietorships and partnerships, advantages and disadvantages of companies and line and staff organizing, and principles of management, scientific management, organizing, and coordination.
2. What is Sole Propritorship. Explain its Characteristics 3. What are the differences between soleproprietorship and partnership? 4. Define Joint Stock Company. Explain its Characteristics. 5. Explain the advantages and disadvantages of companies 6. What are the steps in incorporation of a company. 7. Define Memorandum of Association. Explain the clauses in it. 8. Define Management. Explain the functions of Management 9. what is Scientific management. What are its objectives. 10. Explain Fayols Principles of Management. 11. What is MBO. What are the steps in it. 12. Define Organising. Explain the principles of Organising 13. What are the advantages and disadvantages of Line and Staff Organising 14. Define coordination. Explain the principles of co-ordination 15. What are the techniques of effective co-ordination. 16. Define Control. What are the requirements for effective control?