Forms of business organisations

Ques. Why is it important to choose an appropriate form of business organisation? Which form of business organisation do you think is the best and why?

Cooperative Society

Ques1. "A Cooperative Society is a voluntaty associataion of persons and not of capital". Comment.
Ques2. What is a Cooperative Society? How is it formed?
Ques3. Explain how is surplus distributed in a cooperative society?

Partnership

Ques. "Partnership is by agreement and not by status" Do you agree to the statement? Explain.

Sole Proprietorship

Ques. "A one man show is the best in this world provided this one man is big enough to manage everything." elaborate the statement.

Joint Stock Company

1. "A Joint Stock Company is an artificial person, having a separate legal existence, perpetual succession and common seal". Explain the statement.

Introduction

This is a new blog created for the students of class XI H (2007-2008). I am sure it will help them in understanding the concepts of Business Studies in a better manner.