BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following business organizations is likely to experience disagreements between management and shareholders? A.Co-operative societies B.Sole traderC.Partnerships D.Joint-stock company
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A
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B
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C
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D
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D
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Explanation:
Detailed explanation-1: -Explanation. joint-stock company is a company whose stock is owned jointly by the shareholders.
Detailed explanation-2: -In joint stock company there is separation of ownership and management and it involves placing the management of the firm under the responsibility of professionals who are not its owners. Owners of a company may include shareholders, directors, government entities and initial founders.
Detailed explanation-3: -There is no seperation of ownership and management in Joint Stock Company.-Secretarial Practice | Shaalaa.com.
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