Question

Select the proper option from the options given below and rewrite the completed sentences.

Limited managerial skill is the ________ of Joint Hindu family business.
(a) feature
(b) limitation
(c) advantage

Answer 1

Correct option- b
Limited managerial skills is the limitation of Joint Hindu family business.
Explanation:
The head of the family, also known as Karta, manages and controls the family business whereas; other members cannot interfere in the decisions of business. Thus, as a joint Hindu family business is managed and controlled by only one person, it results in limited ideas and management.