Description : The term Capitalization is used in relation to ______. A. sole-proprietorship. B. Partnership. C. joint stock companies. D. co-operative societies
Last Answer : C. joint stock companies.
Description : IFCI has been converted into a________. A. joint stock company. B. co-operative society. C. partnership firm. D. sole proprietorship.
Last Answer : A. joint stock company.
Description : Business Setup - Sole Proprietorship, Partnership or Corporation?
Last Answer : When starting a small business, one of the very first things you need to decide is the type of business setup you want to have. The 3 basic types of business setups are a sole ... responsible for the actions of a business while a corporation protects the shareholders from any personal liability.
Description : Auditing of accounts is compulsory for– (A) Sole proprietary business (B) Partnership firms (C) Joint Stock Companies (D) None of the above
Last Answer : Answer: Sole proprietory business
Description : Secretary of a Joint Stock Company and Secretary of a Co-operative Society.
Last Answer : Distinguish between the following : Secretary of a Joint Stock Company and Secretary of a Co-operative Society.
Description : Why is a sole proprietorship called the business world ? Explain ?
Last Answer : Answer : The sole proprietorship organization is called the patron saint of the business world. In ancient times the system of production was family oriented. The family members used to produce in ... the oldest business organization in the world, it is called the mentor of the business world.
Description : What forms must I typically file with state and local officials if I am starting a business that will simply be a sole proprietorship and not a corporate entity?
Last Answer : For a sole proprietorship you do not need to file any paperwork or forms to state and local government.
Description : What of the following is not a likely sole proprietorship business?
Last Answer : auto manufacturing plant A+
Description : The charter of a company is its ______. A. prospectus. B. statement lieu of prospectus. C. memorandum of association. D. articles of association.
Last Answer : A. prospectus.
Description : Business risks can be ______. A. avoided. B. reduced. C. ignored. D. erased.
Last Answer : B. reduced.
Description : A valid definition of a business purpose is to ______. A. create a customer. B. maximize profits. C. serve the society. D. increase the wealth of the firm.
Last Answer : B. maximize profits.
Description : The business development department of SIPCOT guides entrepreneurs in ______. A. applying for licences. B. approval on collaboration. C. allocation of scarce raw materials. D. All the above
Last Answer : D. All the above.
Description : A new venture's business plan is important because ______. A. It helps to persuade others to commit funding to the venture. B. Can help demonstrate the viability of the venture. C. Provides a guide for business activities by defining objectives. D. All the above.
Description : A Joint Stock Company is a superior form of business organization.
Last Answer : Justify the following statement : A Joint Stock Company is a superior form of business organization.
Description : Having less than 50 percent of equity share in an international venture is calleda) Minority interest b) Joint venture c) Majority interest d) Exporting
Last Answer : a) Minority interest
Description : DIC is headed by General Manager in the rank of ___________. A. Joint Director of industries. B. Assistant Director of industries. C. Non-departmental officer. D. Departmental officer.
Last Answer : A. Joint Director of industries.
Description : A business arrangement where one party allows another party to use a business Name and sell its products or services is known as__________. A. A cooperative. B. A franchise. C. An owner-manager business. D. A limited company
Last Answer : B. A franchise.
Description : A business arrangement where one party allows another party to use a business name and sell its products or services is known as__________. A. A cooperative. B. A franchise. C. An owner-manager business. D. A limited company.
Description : …………….. actions by an entrepreneur most likely to contribute to creative destruction. a) Development of a new product b) Take-over of a competitor c) Issuing shares d) Development of an organization
Last Answer : a) Development of a new product
Description : Project mission and objectives, procedures and systems used, and organization resources used typically appear in the _____ section of the final project report. A. Analysis B. Recommendation C. lessons learned D. financial feasibility
Last Answer : A. Analysis
Description : Integration of project management with the organization takes place with the _______________. A. master budjet B. strategic plan C. Process of managing actual projects D. both b and c
Last Answer : D. both b and c
Description : Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________. A. Organizational decisions. B. Personal decisions. C. Routine decisions. D. Strategic decisions.
Last Answer : D. Strategic decisions.
Description : The underwriters may be individuals , partnership firms or joint stock companies.
Last Answer : TRUE
Description : Which of the following General Insurance Company has entered into agreement with Shamrao Vithal Co-operative (SVC) Bank for bancassurance business? A) Reliance General Insurance Co. Ltd. B) L&T General Insurance ... D) Future Generali India Insurance Co. Ltd. E) Tata AIG General Insurance Co. Ltd.
Last Answer : C) HDFC ERGO General Insurance Co. Ltd. Explanation: HDFC ERGO General Insurance Company and Shamrao Vithal Co-operative (SVC) Bank announced their bancassurance agency partnership to provide ... introducing innovative non-life insurance products with SVC Bank s customer base across various states.
Description : Which one of the following statements is false ? (A) The Open Market Operations involve the sale or purchase of govt. securities by the Central Bank (B) The RBI manages longterm liquidity through ... change the proportion of govt. securities held by the RBI, Commercial Banks and Co-operative Banks
Last Answer : Answer: The RBI manages longterm liquidity through rapos
Description : Firm includes the following except: a. A sole practicing professional accountant b. An entity that controls a partnership of professional accountants. c. An entity controlled by a partnership of professional accountants. d. A sole practitioner, partnership or corporation of professional accountants
Last Answer : A sole practitioner, partnership or corporation of professional accountants
Description : A partner surviving the death or withdrawal of all the other partners in a partnership may continue to practice under the partnership name for a period of not more than ___ years after becoming a sole proprietor. a. 1 b. 2 c. 3 d. 4
Last Answer : 2
Description : As a new company grows, the entrepreneur will need to _________. A. be responsive to changes in the market. B. ensure financial controls are maintained. C. build a management team. D. all the above.
Last Answer : D. all the above.
Description : A Company is called an artificial person because ____. A. it does not have the shape of a natural person. B. it cannot be used in the court of law. C. it is invisible and intangible. D. it exists only in contemplation of law.
Last Answer : C. it is invisible and intangible.
Description : Memorandum of association of a firm contains _______. A. rules regarding the internal management of the company. B. rules regarding the constitution and activities of the company. C. rules regarding the external management. D. rules regarding the constitution.
Last Answer : B. rules regarding the constitution and activities of the company.
Description : Which of the following securities proves a burden on finances of the company, when company is not earning profits? A. Equity shares. B. Preference shares. C. Redeemable preference shares. D. Debentures.
Last Answer : D. Debentures.
Description : Promoter is a person who ________. A. takes part in the incorporation of a company . B. is a director. C. is a relative of the managing director. D. works to publicity to the company.
Last Answer : A. takes part in the incorporation of a company .
Description : A public corporation means _____. A. public company. B. government company. C. statutory corporation. D. department of union government
Last Answer : C. statutory corporation.
Description : Reserve bank of India is a/an _______. A. statutory corporation. B. company limited by guarantee. C. company limited by shares. D. unlimited company.
Last Answer : A. statutory corporation.
Description : The type of diversification in which the company adds up same type of products at the same level of production is ____________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.
Last Answer : B. horizontal integration.
Description : The type of diversification in which the company adds complementary to the existing product or service line is _________. A. conglomerate diversification. B. horizontal integration. C. vertical integration. D. concentric integration.
Last Answer : C. vertical integration.
Description : Section 80 HHB provides for a deduction of ____________________ of profits and gains earned by a resident Indian company. A. 65%. B. 60%. C. 55%. D. 50%
Last Answer : D. 50%
Description : SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed__________. A. 1 crore. B. 1.5 crores. C. 2 crores. D. 2.5 crores.
Last Answer : A. 1 crore.
Description : Good sources of information for an entrepreneur about competitors can be obtained from_________. A. Websites. B. Product information leaflets. C. Company reports and published accounts. D. All the above.
Description : Which are the best TV shows to learn business?
Last Answer : I’m sure there are videos on You Tube that are instructive. I don’t know of any television shows but watching news shows Like Washington Week in Review could make you aware of general trends.
Description : Questions about starting a business?
Last Answer : answer:Starting a business unfortunately isn't as easy as just having the idea and finding someone to make it happen. It's going to take talent, money, and a lot of time. You need to be able ... exact, then go get the skills and revisit it when you need motivation to continue learning. Good luck.
Description : Can anyone recommend a bank in Texas for my small business?
Last Answer : answer:Credit unions and smaller banks may give you a better deal - they often pay more interest on deposits, they charge less interest on loans and they aren't nickel and diming people on ... - Compare rates to banks Credit Union Lookup - Find a Credit Union Independent Community Bankers of America
Description : Wouldn't learning entrepreneurship, and how to be an effective capitalist, be better for students with the changing flow of business?
Last Answer : If you are going to offer up some of the most successful college dropouts in history as your examples how do you propose we teach that? Steve Jobs is one of the drop outs of which the college I ... issues with that, but how do you teach it, how do you teach being a massively successful drop-out?
Description : Are there grants available for buying a business?
Last Answer : Have you contacted the local SBA? It would seem to be to everyone’s advantage that you conclude this deal, if it is as you describe.
Description : From the following which one is not classification of entrepreneurs according to the types of business? a) Wholesale trade b) Retail trade c) Exporter d) Rural entrepreneur
Last Answer : d) Rural entrepreneur
Description : We need to update the business plan becausea) Environmental factors and internal factors can change the direction of the plan b) Goals set by the entrepreneurs may be unreasonable c) Goals may not be measurable d) Goals may not be specific
Last Answer : a) Environmental factors and internal factors can change the direction of the plan
Description : The activity which occurs when the new venture is started is called - a) Motivation b) Business skills c) Departure point d) Goal orientation
Last Answer : c) Departure point
Description : ……………….. Shows the process of creating something new. a) Innovation b) Business model c) Modeling d) Creative flexibility
Last Answer : a) Innovation
Description : An entrepreneurship primary motivation for starting a business isa) To make money b) To be independent c) To be famous d) To be powerful
Last Answer : b) To be independent