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11th Class Business Studies Forms Of Business Organisation

  • question_answer 1)
    The structure in which there is separation of ownership and management is called (a) Sole proprietorship (b) Partnership (c) Company (d) All business organizations

    Answer:

    (c) The management and control of the affairs of the company is undertaken by the Board of Directors, which appoints the top management officials to the business. The managers are accountable to shareholders who are the owners of the company.


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