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Entrepreneurship · 2024 · 5 marks
Entrepreneurial PlanningForms of business organization- Sole proprietorship, Partnership, Company5 marks
CBSE 2024 · Central · Set 4 · Q32
(a) Give the meaning of ‘Company’ form of business organisation. Explain the following features of a company: (i) Seperate Legal Entity (ii) Limited…
(a)
Give the meaning of ‘Company’ form of business organisation. Explain the following features of a company :
(i)
Seperate Legal Entity
(ii)
Limited Liability
(iii)
Transferability of Shares
(iv)
Diffusion of Ownership and Management
OR
(b)
‘Sensitivity to environmental factors is crucial for an entrepreneur.’ In the light of this statement, explain any five benefits of understanding the relevant environment of business.
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CBSE Class 12 Entrepreneurship past-paper question from the 2024 board exam. Where our answers come from.