Which type of organization is best when direct contact with customers is not required?
Sole Proprietorship
Partnership
Joint Stock Company
All of the above
A company is the best organization in regard to no contact with the customers.
As compared to a sole proprietorship and partnership organization, joint stock company formation is easier.
The structure in which there is separation of ownership and management is called
(a) Sole proprietorship
(b) Partnership
(c) Company
(d) All business organisations
Profits do not have to be shared. This statement refers to
(a) Partnership
(b) Joint Hindu family business
(c) Sole proprietorship
(d) Company