This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 5651. |
Importance of critical path in project management |
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Answer» l path method is one of the frequently used techniques in project planning. A typical project has many tasks involving lots of different people so project managers have a hard time keeping track of things. It is far too easy for certain activities to fall behind and get lost in the sea of endless jobs. These forgotten tasks and errors in planning can severely affect the timescale of the whole project. A late project will cost money and lead to unhappy customers and bosses. Critical path method in project management helps managers figure out two very IMPORTANT things. How long it will take to complete the project and what are the critical tasks that must be completed before starting other dependent tasks.The best way for project managers to avoid poor planning is to incorporate the critical path method in their diagrams. Having this as a diagram makes it easy to visualize the important tasks of a project. This is really helpful for managers and makes it easier for the project team to visualize and plan their work accordingly. The main aim is to produce a visual of the entire project broken down into smaller activities which are vital to the completion of the entire project.All of the activities which are added to the network diagram are the ones which have to be completed on time. By adding them on to a diagram it is possible to see how long each section will take. This is essential when it comes to predicting the timescale of the project. The benefits of applying each of the set time critical and essential activities to a diagram include:Predicting the time each activity will take and offering a timescale to the clientSeeing how each section is important to the progress of the rest of the planAssigning the right team and department to their corresponding tasksIt is important to note that at the beginning of the project time taken for each task is the estimated time. During the project the estimated time might VARY based on different factors. In such cases, it is important to revisit your diagram and again do a critical path analysis. Experienced DEVELOPERS are usually accurate with their estimations so this isn’t SOMETHING that will happen frequently.How to find the Critical PathIt is essential when planning any project to calculate how long each section will take. This helps to establish the start date of any activities which cannot start until the one which precedes it has been completed. The calculations also determine the latest date that the activity needs to be completed by in order for the next part to begin. Everything is closely tied together and without a diagram, it can be very easy for everyone to lose sight of their goals. Perhaps, more importantly, the diagram helps individuals to see the effects down the line if they do not STICK to the plan at hand.The network diagrams can be very helpful in this type of time management. Once you have all of the necessary activities worked out and added to the diagram you can use the critical path method in project management to find the optimal way to finish those tasks.Perhaps the simplest way of using the critical path method in project management, once you have the earliest and latest start days, is to work backward. Obviously the last activity is on the critical path as without this section the project will not be completed. You then work backward throughout each of the activities to locate the line of activities which do not have any float days available to them. However, it is much easier to create a table indicating the activity, preceding task and time duration and draw the network diagram based on that. |
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| 5652. |
Impact of religion / culture on our business activities |
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Answer» of RELIGIOUS Practice on Society. ... Religious worship also leads to a reduction in the incidence of domestic abuse, crime, SUBSTANCE abuse, and ADDICTION. In addition,religious practice can increase PHYSICAL and mental health, longevity, and EDUCATION attainment.Ϧ០ᖰ៩ ɨƬ'ន Ϧ៩ɭᖰ ƴ០⩏Ϧ♬⩔៩ ♬ Ɯ០⩎ᖱ៩Ʀ⨏⩏ɭ ᖱ♬ƴ |
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| 5653. |
Constraints meaning and possible solution to improve agri business in india |
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Answer» government In India, a large part of the agri SUPPLY chain ecosystem is EITHER in the public SECTOR, or strongly linked to it. The Indian government attempts to insulate the cultivator from price fluctuations by procuring their produce at MINIMUM Support Prices (MSPs), decided by the Commission for Agricultural Costs and Prices after analyzing the costs of growing a particular crop. The 7500+ Agricultural Procurement and Marketing Committee (APMC) mandis provide a marketplace for the transaction and the Food Corporation of India (FCI) plays the role of the buyer, storing the procured produce in the relevant warehousing corporation’s warehouse. Ultimately, this gets distributed through the Public Distribution System (PDS) shops and reaches the consumer. For non-MSP crops, the producer is dependent on the traditional private channels to MARKET her produce. |
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| 5654. |
Aims of hindu undivided family business |
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Answer» _____________________________________Aims of Hindu undivided family business are as follows :-•Membership :- A person became a member in the family business by VIRTUE of his birth in the family no FORMAL agreement is necessary between the family members the membership is restricted to three successive GENERATIONS only male members can be compared and FEMALE relative of a decreased mail answer will have a share after the death of the copper and SIR minor are also full flash members of the family business there is no limit on the number of members.•Liability :- The liability of the Karta is unlimited liability of the Other member is limited to the extent of their share in the property of the family business.______________________________________ |
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| 5655. |
In a partnership, loans taken out by the general partners |
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Answer» ausesIn an OPERATING agreement or contract, partners will typically outline one of three ways that a partner loan MAY be treated. First, it may be considered as a loan that will be paid back whenever the funds become available. In the event the company dissolves, the loan will be paid back only if there is money to cover it. Second, the loan may be set to be paid back within a certain amount of TIME after the money is loaned. This type of loan is often made to a stable business that simply needs more cash on hand. Third, the loan may be viewed as an investment in the company to be paid back with a specified amount of interest over a period of time that the partners deem acceptable. Loans LIKE this are often made to finance growth and expansion into NEW markets. |
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| 5656. |
'An interview of successful businessman' project plzzz send frnds complete project with points |
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Answer» ALK WITH THEIR SECRETARY FOR APPOINTMENT OF TAKING INTERVIEW. first greet himintroduce your self for what purpose you comethen START your questionask about their struggle of lifesuccess of lifefamily backgroundwho is ideal of his/her lifewho give a courage to do him to achieve a goal how many time he/she FEEL he is looserin which stage he thought that he is suitable for this businesshow many years take their life to be a successful businessmanwhat difficulties he face in her life what her relationship with her friends and familyhow many time he GET a reward or AWARD etc and take a audio RECORDER with you to record you conversation with him.then make a project report. |
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| 5657. |
Describe any three points which explain the role of supervision in management . |
| Answer» VISOR is RESPONSIBLE for the day-to-day performance of a SMALL GROUP. it may be a team, a department or a SHIFT. | |
| 5658. |
Difference between the managership and leadership |
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Answer» r is someone who leads the group of PEOPLE or a business. A leader is DIFFERENT from a manager. A mentor is someone who is experienced and willingly trains and advises others.. .. The DIFFERENCE are that mentors often become confidants while leaders usual aren't....GOOD MORNING....HAVE A NICE DAY DEAR...FOLLOW ME....MARK ME AS BRAINLIEST...... |
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| 5659. |
What is the full form of pgt |
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Answer» nt GRANTED TEACHER is the full FORM of P.G.T.Or____POST GRADUATE TEACHER............ |
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| 5660. |
Which is best Software Engineer or MBA? |
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Answer» l provide you with more JOB options as it LEADS you to more qualifications and experience but if you are from GOOD engineering college you will get better PLACEMENT as software ENGINEER |
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| 5662. |
How would a non profit organization deal with life membership fee |
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Answer» sources for non-profit organizations There are several sources of revenue for a non-profit organization such as donations, annual subscription, member entrance fee, profit on sale of old fixed asset at scrape value etc.Although non-profit organizations don’t EXIST to make profit, they incur expenses on the provision of services or GOODS to their members or general public. Therefore, in order to cover these expenses, non-profit organizations need some sources of revenueSources of revenue vary from one non-profit organization to another. However, the most common sources of revenue are listed below:DonationsSome people would like to donate money or goods to non-profit organizations (such as a charitable school) to help continue their operationsThere are two types of donations: General donations and SPECIFIC donations1. Specific donations Specific donations are donations for a specific purposeFor example, Mr. X donated $50,000 to a charitable school in order to help school in buying new furniture. In this case, helping school to buy new furniture is the specific purpose of donation2. General donationsDonations without a specific purpose are general donations. Such donations can be used by non-profit organizations for any purposeBoth specific and general Donations received during an accounting period are generally considered as income/revenue for that accounting period and they are shown in an income and expenditure accountEntry feesWhen a new member gets admission in a non-profit organization, the non-profit organization may require him/her to pay a certain amount of fee in order to be a member of non-profit organizationFee received in an accounting period is generally considered as revenue/income for that accounting period. Therefore, it is reported in an income and expenditure accountProfit on sale or disposal of old fixed assetsProfit on the sale of a fixed asset is considered as revenue of a non-profit organization and thereby, it is shown in an income and expenditure account for the accounting period in which fixed asset disposal was carried outProfit on sale of fixed asset = Market value of a fixed asset – Book value of a fixed asset For example, A vehicle has a book value of $1000 was sold for $500, therefore, profit on sale of vehicle should be $1000-$500=$500 or $500 is the profit on disposal of vehicleMembership annual subscriptionTo be a non-profit organization's member, you need to pay a specific fee to the non-profit organization. The fee is known as membership subscription and it is generally payable annually. Because the membership subscription is received for one year, it is treated as the revenue of a non-profit organizationFor example, Mr. X needs to pay $500 per year in order to remain a member of a sports club (a non-profit organization). Being a member of a sports club, Mr. X can use sports ground and sports equipmentsIncome and expenditure account is based on accrual concept of accounting. Therefore, subscription that is not related to current accounting period won’t get counted. In other words only earned subscription is recorded in an income and expenditure accountLet’s assume the current accounting period is 2015. Cash received as subscription during this accounting period totaling $3000. The amount $1500 out of $3000 received during 2015 was actually the subscription of previous year 2014 and $500 received in advance as the subscription of upcoming year 2016. Thereby, the remaining $1000 should be the subscription of current year or 2015.Interest received on investmentsA non-profit organization might have invested its surplus cash in different companies bonds, debentures, treasury bonds etc. Therefore, non-profit organization receives a certain amount of interest at a regular interval. The amount of interest is generally considered as the revenue of a non-profit organization and interest is shown in the income and expenditure account for the year in which it is receivedProfit from bar tradingSome clubs and other non-profit organizations have a bar and/or a CAFETERIA. Bar and cafeteria sells its drinks, snacks or FOOD to the members of club. The profit on these sales or trading activities is generally considered as the revenue of non-profit organization and therefore profit or loss on bar trading is shown in income and expenditure account for the year (or accounting period) during which bar tradings take placeSome non-profit organizations prepare a separate account for a bar known as bar trading account. A bar trading account includes the following:Bar sales or takingsOpening stock, purchases and closing stockGross profitOperating expenses and other expensesAnd finally the net profit or lossmake sure it brainliest please |
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| 5663. |
The member of the National Commission was appointed? |
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Answer» The Chairperson and members of the NHRC are appointed by the President of India, on the recommendation of a committee consisting of: The Prime Minister (Chairperson) The Home Minister. The Leader of the Opposition in the LOK Sabha (Lower HOUSE) FEDERAL agency: India Headquarters: New DELHI, India Agency executives: Justice H. L. Dattu, Chairm... General NATURE: Federal law enforcementExplanation: |
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| 5664. |
How much is the total stock exchange in India? |
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Answer» ave 26 stock EXCHANGE s in India BUR only seven are WORKING presently |
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| 5665. |
Who is the writer of the book the practice of management |
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Answer» rucker....... |
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| 5666. |
What is full from of REPO rate |
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Answer» te is short form of Repurchase Rate. GENERALLY, these loans are for short durations up to 2 weeks. It simply means Repo Rate is the rate at which RBI lends MONEY to COMMERCIAL banks against the pledge of government securities WHENEVER the banks are in need of FUNDS to meet their day-to-day obligations. |
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| 5667. |
Which company has become the most valued company in india current affairs? |
| Answer» WER is ...TATA Colcutancy SERVICE (TCS) | |
| 5668. |
What are the four types of responsibility centers? |
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Answer» as BRAINLIST |
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| 5670. |
Discuss the provisions as provided under the companies act 2013, for prevention of oppression in a company |
| Answer» MUCH than these ACT | |
| 5671. |
Jose owns a dog whose barking annoys jose's neighbor jane. Suppose that the benefit of owning the dog is worth $100 to jose and that jane bears a cost of $200 from the barking. Assuming jane has the legal right to prevent jose from having a dog, a possible private solution to this problem is |
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Answer» s to PAY $300 to Jane for her inconvenience.According to Coase theorem, when two CONFLICTING parties exist, one has to ‘buy the right’ from the other party. In this case, Jane has the ‘right to prevent Jose from having a DOG’. Thus, Jose has to pay for COMPENSATION to Jane so that he can KEEP his dog and at the same time Jane is compensated for the inconvenience she faces. |
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| 5672. |
Are you available for 2 months, starting immediately, for this internship at Chennai or Bangalore? Guys what should I probably answer it for ? |
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Answer» interested in it u should DEFINITELY go for it!!But if u r not then DNT go..See its pros n CONS n then OPT for it with UR family n friends consult!☺ |
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| 5673. |
Co-ordination is needed at all the levels of management. (State with reason whether the given statement is true or false) |
| Answer» ATION is the essence of management. It is the synchronization of the efforts by harmonizing, UNIFYING and integrating the activities of the SUBORDINATES WITHIN an organization for the achievement of organizational goals. A business firm consists of several departments and these departments consist of numerous groups and individuals. Coordination is not a separate FUNCTION of management but it is the force that keeps all the other managerial functions together. it is inherent and implicit in all the functions of management. | |
| 5674. |
Directing is initiated ________ level.(Fill in the blank by choosing correct option) a) Top b) Middle c) Lower |
| Answer» R budur ANS isa) TOP OR HIGHER LEVELHOPE IT WILL HELP UINSHAALLAH | |
| 5675. |
Division of work is involved in at ________ function.(Fill in the blank by choosing correct option) a) Planning b) Organizing c) Directing |
| Answer» EUR ANS ISA) PLANNINGHOPE IT WILL BE THE REQUIRED ANSWERINSHAALLAHMARK AS BRAINLIEST | |
| 5676. |
What is selection and its concept in human resource management? |
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Answer» e selection. Selection is the process by which a firm USES specific INSTRUMENTS to choose from a pool of applicants a person or PERSONS most likely to succeed in the job(s), given management GOALS and legal requirements. |
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| 5677. |
Planning is ________.(Fill in the blank by choosing correct option) a) Advanced Function b) Basic function c) End Function |
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Answer» : (b) BASIC FunctionA good and efficient manager always plans out his WORK before implementing it in the firm. Planning EXISTS in all tiers of management and helps MAP out a path for achieving a particular goal. Proper planning should consider all the possible outcomes of an idea and have a possible SOLUTION for each. |
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| 5678. |
The principle of management explaining the importance of fair payment to workers. Answer in a word / phrase / term. |
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Answer» muneration to EMPLOYEES |
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| 5679. |
State any five cases of social responsibility. |
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Answer» responsibility is an ethical FRAMEWORK and suggests that an entity, be it an organization or individual, has an obligation to act for the BENEFIT of society at large[citation needed]. Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems. A trade-off may exist between economic development, in the material sense, and the welfare of the society and environment,[1] THOUGH this has been challenged by MANY reports over the past decade[when?].[2][3] Social responsibility means sustaining the equilibrium between the two. It pertains not only to business organizations but also to everyone whose any action impacts the environment.[4] This responsibility can be passive, by avoiding engaging in socially harmful acts, or active, by performing activities that directly advance social goals. Social responsibility must be intergenerational since the actions of one generation have consequences on those following.[5]Businesses can use ethical decision making to secure their businesses by making decisions that allow for government agencies to minimize their involvement with the corporation.[6] For instance if a company follows the United States Environmental Protection Agency (EPA) guidelines for emissions on dangerous pollutants and even goes an extra step to get involved in the community and address those concerns that the public might have; they would be less likely to have the EPA investigate them for environmental concerns.[7] "A significant element of current thinking about privacy, however, stresses "self-regulation" rather than market or government mechanisms for protecting personal information".[8] According to some experts, most rules and regulations are formed due to public outcry, which threatens profit maximization and therefore the well-being of the shareholder, and that if there is not an outcry there often will be limited regulation.[9] |
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| 5680. |
Providing fair returns on investment is the responsibility of organization towards this group. Answer in a word / phrase / term. |
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Answer» estors and Shareholders are the GROUP of individuals who induce funds in any organization's capital. It thus becomes the responsibility of the firm to pay them their share of FAIR returns and profit. The stability in financial terms for any business is of prime importance and that RELIES on the SATISFACTION of the shareholders and investors. This directly PITCHES the reputation of the firm. |
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| 5681. |
The name of employee's organization protecting their rights. Answer in a word / phrase / term. |
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Answer» loyee's UNION or the Labour Union is the organization which ensures that the policies of the company do not VIOLATE any of the employee rights or their COMPENSATION plans are not affected. The unions present their STANCE in the process of decision making for the workers and oversee that the plans and objectives of the firm do not harm or override the WORKER's rights and perks. |
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| 5682. |
The transactions under ________ are between business firms and consumers.(Fill in the blank by choosing correct option) a) C to C b) B to C c) B to B. |
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Answer» nsactions under B to C are between BUSSINESS FIRMS and CONSUMERS. |
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| 5683. |
The type of warehouse where perishable goods are stored. Answer in a word / phrase / term. |
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Answer» ble goods are stored in Cold Storage houses as they require cold TEMPERATURES to maintain their edible value. Perishable goods are the goods which have a shelf life of a limited number of days. These goods are INCLUSIVE of items like PACKAGED milk, bread, curd, eggs etc. For such goods, the traders ensure that the right storage facilities are provided to EXTEND their edible duration. |
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| 5684. |
A warehouse where the goods can be stored after the payment of import duty. Answer in a word / phrase / term. |
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Answer» ousing Station is a place DESIGNATED for keeping the imported goods after the payment of the duties. These WAREHOUSES are official licensed storage areas of the traders who engage in importing goods. It is important for the TRADER to get the customs CLEARANCE before the goods can be stored in any WAREHOUSE. The bills must be signed by the pot authorities after which the goods can be moved to their designated place. |
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| 5685. |
A device through which calls and messages can be sent and received. Answer in a word / phrase / term. |
| Answer» E we can SEND or RECEIVE CALLS and MESSAGES . | |
| 5686. |
An account holder enjoys the privileges of any number of withdrawals. Answer in a word / phrase / term. |
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Answer» gs Account holder enjoys the facility of an unlimited number of withdrawals permissible as per the NEW RBI guidelines. This account can be opened by any individual with a CERTAIN amount of funds which have to be MAINTAINED as a lower limit. The banks usually charge FEES if the BALANCE is below that minimum amount. |
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| 5687. |
The account suitable for salaried people. Answer in a word / phrase / term. |
| Answer» ALARY Accounts in IndiaKotak Platina Salary ACCOUNT. Kotak Mahindra Bank provides Platina Salary Account that comes with the features and benefits of premium banking. ...ICICI Bank Salary Account. ...HDFC Classic Salary Account. ...SBI Corporate Salary PACKAGE (CSP) ...Axis Priority Salary Account. | |
| 5688. |
Perishable goods are stored in ________.(Fill in the blank by choosing correct option) a) Bonded warehouses b) Duty paid warehouses c) Cold storage warehouses |
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Answer» R BUD!UR ANSWER ISC) COLD STORAGE WAREHOUSESHOPE IT WILL BE THE REQUIRED ANSWERINSHAALLAHPLZ MARK AS BRAINLIEST |
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| 5689. |
Principle of indemnity is not applicable to ________. (Fill in the blank by choosing correct option) a) Life insurance b) Fire insurance c) Marine insurance |
| Answer» AL OF INDEMNITY IS NOT APPLICABLE TO LIFE INSURANCE | |
| 5690. |
Principle of utmost good faith is applicable to ________. (Fill in the blank by choosing correct option) a) Life insurance b) Marine insurance c) All types of insurance |
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Answer» inciple of UTMOST GOOD faith is applicable to _LIFE INSURANCE_.The ANSWER is⏩option (a) Life insurance.нσρє ιт нєℓρѕ :)✌ |
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| 5691. |
Overdraft facility is given to ________.(Fill in the blank by choosing correct option) a) Savings account b) Current account c) Fixed account. |
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Answer» ft facility is given to: a) Saving ACCOUNT. Although, businessmen can take overdrafts on current accounts as well. A Savings Account is an account which holds deposits at MODEST interest rates. The holder is required to maintain a minimum amount in his account so as to avoid the BANK charging fees for lack of FUNDS. The number of withdrawals are usually SUBJECT to the institution's policies regarding the same. |
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| 5692. |
Define a Joint Hindu family firm. Explain features of joint Hindu family firm. |
| Answer» FAMILY or UNDIVIDED family is an extended family arrangement prevalent throughout the Indian subcontinent, particularly in INDIA, consisting of many generations living in the same household, all bound by the common relationship.The main characteristics of Joint Hindu Family Business are given below:Governed by Hindu LawManagementMembership by BirthLiabilityPermanent ExistenceImplied Authority of KartaMinor ALSO a PartnerDissolutionI hope it is HELPFUL for you | |
| 5693. |
State the features of co-operative society. |
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Answer» erative society is ENTIRELY different from all other forms of business organization. It protects the INTERESTS of the weaker sections of the society. It is a voluntary ASSOCIATION of persons joined TOGETHER on the BASIS of equality for fulfillment of their economic and business interests. |
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| 5694. |
State the types of partnership firm. |
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Answer» re three relatively common PARTNERSHIP TYPES: GENERAL partnership(GP), limited partnership (LP) andlimited LIABILITY partnership (LLP). A fourth, the limited liability limitedpartnership (LLLP), is not recognized in all states. I HOPE it is helpful for you |
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| 5695. |
A sole trading concern is easiest to form. (State with reason whether the given statement is true or false) |
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Answer» ation of a business name for a sole proprietor is generally UNCOMPLICATED unless it involves the selection of a name that is fictitious, or “assumed”. The business owner is required to register with the appropriate local authorities, who will determine that the name submitted is not duplicated by another business entity. Furthermore, the business owner must complete a form submitted to the governing authority to acquire title as a “DBA” or "doing business as”. The authority in some US states is the Secretary of State. The license for a sole PROPRIETARY business entitles the owner to hire employees and enlist the services of independent consultants. Although an employee or consultant may be requested by the owner to complete a specific project or participate in the company's decision-making process, their contribution to the project or decision is considered a recommendation under the law. Under the legal doctrine Respondeat superior (Latin: "let the master answer"), the legal liability for any business decision arising from such a contribution remains upon the owner and cannot be renounced or apportioned. This is transposed by the unlimited liability attached to a sole proprietary business. The owner carries the financial responsibility for all debts and/or losses SUFFERED by the business, to the EXTENT of using personal or other assets to discharge any outstanding liabilities. The owner is exclusively liable for all business activities conducted by the sole PROPRIETORSHIP and accordingly, entitled to full control and all earnings associated with it. The general aspect according to the general business law is that this type of business owner does not embody a “legal entity” Furthermore, any attempted and unreliable distinctions of the business do not change the classification under this title. |
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| 5696. |
Sole Proprietorship is useful for small business. (State with reason whether the given statement is true or false) |
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Answer» ation of a business name for a sole proprietor is generally uncomplicated unless it involves the selection of a name that is fictitious, or “assumed”. The business owner is required to register with the appropriate local authorities, who will determine that the name submitted is not duplicated by another business entity. Furthermore, the business owner must complete a form submitted to the governing authority to acquire title as a “DBA” or "doing business as”. The authority in some US states is the Secretary of State. The license for a sole proprietary business entitles the owner to hire employees and ENLIST the services of independent consultants. Although an employee or consultant may be requested by the owner to complete a SPECIFIC project or participate in the company's decision-making process, their contribution to the project or decision is considered a recommendation under the law. Under the legal doctrine Respondeat superior (Latin: "let the master answer"), the legal liability for any business decision arising from such a contribution remains upon the owner and cannot be renounced or apportioned. This is transposed by the unlimited liability attached to a sole proprietary business. The owner carries the financial responsibility for all debts and/or losses suffered by the business, to the extent of using personal or other assets to discharge any OUTSTANDING liabilities. The owner is exclusively liable for all business activities conducted by the sole proprietorship and accordingly, entitled to FULL control and all earnings associated with it. The general aspect according to the general business law is that this type of business owner does not embody a “legal entity” Furthermore, any attempted and unreliable distinctions of the business do not change the classification under this title. |
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| 5697. |
Maximization of profit is the main motto of co-operative society. (State with reason whether the given statement is true or false) |
| Answer» ITH reason the STATEMENT is true or false 1. False (a) To promote MUTUAL welfare. The main motto of co-operative society is to promote mutual welfare of the members and notmaximization of PROFIT | |
| 5698. |
Co-operative society differs from other forms of commercial organizations. (State with reason whether the given statement is true or false) |
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Answer» nt projected through the given statement is TRUE. Other forms of system or organisation have a keen objective as TAKING profits whereas as the name suggests the co-operative is to serve the members of the FIRM. Such that is a joint SECTOR system. This is why this organisation VARIES from other types of organisations. |
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| 5699. |
The ownership and management are not separate in Joint stock company. (State with reason whether the given statement is true or false) |
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Answer» above STATEMENT is False. (i) The shareholder in the company is large and they are spread all over the COUNTRY. Therefore, they cannot take part in the day to day routine business of the company. (ii) Therefore, the management of the company is done professionally by experts who are the representatives of the shareholders are called the board of Directors. (iii) Further, these shares are easily and freely transferable in public limited company. The shareholder does not have to take PERMISSION of other shareholders or the company before transfering the shares. Therefore, the membership of the company keeps changing on frequently. (iv) Hence, shareholders appoint their representative i.e. the Board of Directors who handles the management on their behalf. Thus in JOINT Stock company management and ownership is separated. |
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| 5700. |
The maximum number of members in a Joint Hindu family firm is 20. (State with reason whether the given statement is true or false) |
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Answer» atement is False.i. In Joint HINDU Family, all MEMBERS born in the family become member of the family by BIRTH and ceases to be a member by death. It is GOVERNED by the Hindu Succession Act, 1956.ii. Thus, there is no specific number of members in a Joint Hindu Family BUSINESS. |
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