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Organizations are carried on with an intention of earning profit. There are various forms of business organization…
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Advantages of proprietary firms - Easy Formation, Better Control, Quick Decision Making…
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Following are the characteristics of Partnership Firm: Number of Partners, Contractual relationship, Voluntary Registration…
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Advantages of Partnership Firm - Easy Formation, Larger Resources, Flexibility in operation…
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A Joint Stock Company is a voluntary association of persons to carry on the business….
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Following are the advantages of Joint Stock Company: Limited Liability, Perpetual Existence, Large Scale Operation…
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The limited liability company (LLC) is a business structure combining both the characteristics of a corporate…
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Private Limited Company is characterized by following features:…
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Public Limited Company is characterized by following features:…
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