Download PDF – Forms of Business Organisation : Sole Proprietorship | DSBM Notes and MCQs

Forms of Business Organisation : Sole Proprietorship | DSBM Notes and MCQs

Q1. When businesses organisations owned and controlled by a single person it is…

A) Sole proprietorship

B) Partnership firms

C) Co operative society

D) All of them

Answer: (A)

Q2. .. . Encourage self-employment.

A) Sole proprietorship

B) Co operative society

C) Partnership firms

D) All of them

Answer: (A)

Q3. The highest secrecy can be maintained in

A) Sole proprietorship

B) Co operative society

C) Partnership firms

D) All of them

Answer: (A)

Q4. Limited scope of expansion is the disadvantage of…

A) Sole proprietorship

B) Partnership firms

C) Co operative society

D) All of them

Answer: (A)

Q5. The oldest form of business organisation is….

A) Partnership

B) Joint hindu family

C) Sole Proprietorship

D) All of them

Answer: (A)

Q6. In which of the following forms of business organization, registration is compulsory…

A) Partnership firm

B) Sole proprietorship

C) Joint-stock company

D) All of them

Answer: (B)

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