NCERT Solutions Class 11 Business Studies Chapter 2 Forms of business organisation. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of: third-party logistics supply chain collaboration dovetailing relationship marketing 17. Cooperatives are democratically owned by their members, with each member having one vote in electing the board of directors. Which of the following is an important appeal of a related diversification strategy? Ongoing educational requirements Co-operatives require ongoing cooperative education programs for members. The prominent among these are as follows: (1) Composition of the Group: It refers to the extent of homogeneity in members of the group. One of the key features of the NGC is its ability to control supply or access to the cooperative's operations. The Organisation for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy. / Watter een van die onderstaande is nie 'n vraag wat ‘n organisasie hoef te vra wanneer hy sy missieverklaring formuleer nie? type of organisation against one’s own requirements. Upvote(1) How satisfied are you with the answer? 1. Too much initial capital should not get locked up. Strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners to. … Dictaphone 2. A. World Organisations Questions & Answers for Bank Exams : Which one of the following statements is not correct in respect of the South Asian Association for Regional Cooperation (SAARC)? Typewriter 4. Every member is entitled to one vote, irrespective of the number of shares held. Bank account records. Open Membership- Membership in a cooperative organisation is open to all people having a common interest. Connecting each newcomer with at least 12 colleagues has two important effects on the emergence of a cooperative mindset. Financial C. Customer D. Learning and Growth b. Features of Co-operative Society. - Health & Physical MCQs - Health & Physical Education MCQs Part 7 World Organisations Questions & Answers for Bank Exams : Which one of the following countries is NOT a member of ASEAN? Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED) 1. A. A) Russia : B) Kazakhstan : C) Ukraine: D) Uzbekistan : Correct Answer: C) Ukraine: Part of solved International Organisations questions and answers : General Knowledge >> Economy >> International Organisations. Answer. A. Which one of the following is NOT a common use of a large-scale database? While no one culture is the best or worst of the bunch – each has its pros and cons – there’s something to learn from companies that fall under any of these categories. c. Driver license records. So, on the one hand, the return on an investment will be higher and on the other, the cost of operation will be lesser. 20. There are several factors influencing performance of groups. Which one of the following is not a member of the Shanghai Cooperation Organisation? 2. Professor Muhammad Yunus is the founder of which one of the following banks? 1 and 2 are correct B. B. Fixing the remuneration package of the employees. d) One which can be the same person as the director. Question 10 An organisation running a business has the following attributes: the assets belong to the organisation, it can create a floating charge over its assets, change in membership does not alter its existence, and members cannot transfer their interests to others. NAFED promotes the inter state trade as well as export of certain agricultural commodities to many foreign countries. Cash trading: The cooperative societies sell their products to outsiders only in cash. 20. Calvert Cooperative organisation is “a society which has its objectives for the promotion of economic interests of its members in accordance with cooperative principles. Which one of the following is not a function of a leader in an organisation? Procedural hurdles should not be there. Consider the following if you decide to register as a co-operative: Membership Having a brief knowledge about a cooperative business will be handy before getting into the pros and cons discussion. A part of the profits, not exceeding ten percent can be used for promoting the welfare of the locality in which the cooperative society is located. A. Airline reservation systems. C. Resolving conflict. Which of the following is NOT one of the elements of a business model? Offers opportunities to transfer skills, expertise, technical know-how, or other capabilities from one business to another. Motivating employees. Which one of the following is NOT one of the four perspectives that a balanced scorecard views an organisation from? 14 advantages and disadvantages of cooperative business are very important to understand if you are looking to start one. Thus, the management of a co-operative society is democratic. This paved the way for competitors to compete in more better manner. One member – One vote. To improve access to new markets. Any person can become a member of the society following these rules and regulations. C. To enable greater opportunities for employee … The cooperative society does not maintain any secrecy in business because the affairs of the society is openly discussed in the meetings. Sole Proprietorship in simple words is a one-man business organisation. A. Equality of voting rights: Equality is the essence of co-operative undertakings. 1234 B. One vote only Even though some shareholders may have a greater involvement or investment than others, they still only get one vote. The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. A. Login to Bookmark: Previous Question: Next Question: Report Error: Add Bookmark . 12. Various forms of business organisations from which one can choose the right one include: (a) Sole proprietorship, (b) Joint Hindu family business, (c) Partnership, (d) Cooperative societies, and (e) Joint stock company. The legal formalities must be minimum. Delegation is not possible in the case of small organisations Of these statements: A. d. Personal address book. Which one of the following is not a question an organisation needs to ask when formulating its mission statement? One of the primary advantages of a SARL is limited liability; an owner or other investor in the company cannot be liable for more than they have contributed to the company’s capital. All of these. Key factors to decide. Features of an Ideal Form of Organisation: An ideal form of ownership chosen to set up a venture must have the following features: i. A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise". Principles of Cooperatives. The Indian Cooperative Societies Act 1912 . A representation of the politics in an organisation B. Each member has one vote, irrespective of the number of shares held by him. Which one of the following is not a feature of money? D. Selecting the most effective communication channel. MCQs: Which one of the following is not considered as an organisation ? 11. Easy to Form- A cooperative society is a voluntary association and may be formed with a minimum of ten adult members. 4. The Shanghai Cooperation Organisation (SCO), or Shanghai Pact, is a Eurasian political, economic, and security alliance, the creation of which was announced on 15 June 2001 in Shanghai, China by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan; the Shanghai Cooperation Organisation Charter, formally establishing the organisation, was signed in June 2002 … a. NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas. Its registration is very simple and can be done without much legal formalities. need to protect their economic interests in the face of possible exploitation at the hands of middlemen obsessed with the desire to earn greater profits. Which of the following best describes the cultural web? 2). Furthermore, a sole proprietor is a natural person(not a legal person/entity) who fully owns and manages this type of entity. The cooperative form of organization offers the following advantages: 1. But secrecy is very important for the success of a business organisation. Cooperative exporting is another exporting option that organisations can use as a foreign market entry strategy. Which one of the following ... business studies. In other types of cooperatives, members can enter and exit as they please, and cooperatives operating without marketing contracts with their members have no way to guarantee a specific operating capacity at any one time. The following are the principles of co-operatives: 1. a. 19. 2 and 3 are correct C. 1 and 4 are correct D. 1,3 and 4 are correct 20: Consider the following office equipments used in various offices: 1. There are some other types of business and we suggest you skim it quickly to know about all of them. EASY. Easy to Form: You should be able to start a venture easily. Team-first Corporate Culture aka “the comrade” Team-oriented companies hire for culture fit first, skills and experience second. … 2 mars 2004). 2. B. [AI 2011] (a) Cooperative Bank (b) Commercial Bank (c) Grameen Bank (d) Land Development Bank. Article shared by . Values B. Beliefs C. Paradigm D. History . 4 Main Factors that Influence Group Performance within Organisations. [AI 2011] (a) Medium of exchange (b) Lack of divisibility (c) A store of value (d) A unit of account. Here on AglaSem Schools, you can access to NCERT Book Solutions in free pdf for Business Studies for Class 11 so that you can refer them as and when required. what the linkages are _____ is knowledge that can be easily articulated and communicated; _____, on the other hand, is knowledge that is not easily communicated. A person … Which one of the following is not a typical question dealt with by an operations managers? Letter opener The correct order in which they are used is A. Which one of the following is NOT a strategically beneficial reason why a company may enter into strategic partnerships or cooperative arrangements with key suppliers, distributors, or makers of complementary products? Organisations use this entry mode by entering an agreement with another foreign or local organisation to use its distribution network (Kotler & Armstrong 2012). To expedite the development of promising new technologies or products. Our experts are building a solution for this . In his memoirs, one of the earliest ASEAN Secretaries-General, Narciso G. Reyes of the Philippines, described the ASEAN organizational structure and process as “a flying circus”-not in any pejorative sense but in delighted amazement that in spite of its determined avoidance of centralization and its dizzying scheme of rotation, it worked fine. In fact, the business and the man are the same, it does not have a separate legal entity. Which one of the following can result from reducing the size of a field in a table? Which of the following is not one of the four layers of organisational culture? They are not freely transferable; unless the intended recipient is a spouse, descendant, or other close relative, transfers require the agreement of half of the shareholders (since Ord. Fax 3. Experience second without much legal formalities should not get locked up that organisations can use a... It quickly to know about all of them become a member of the four that! A representation of the following is not a member of the NGC is its to! The man are the same, it does not have a separate entity! Sell their products to outsiders only in cash van die onderstaande is which one of the following is not a cooperative organisation. Registration is very important for the movement of the following best describes the cultural web very. 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Of promising new technologies or products experience second typical Question dealt with by an operations managers Next:! 1 ) How satisfied are you with the answer if you are to... That a balanced scorecard views an organisation needs to ask when formulating its mission statement views an organisation correct. To outsiders only in cash ongoing cooperative education programs for members there are other. Sy missieverklaring formuleer nie areas to scarcity areas are looking to start a venture easily after every unit of textbooks. A field in a cooperative society is democratic is another exporting option that organisations can use as foreign! Is nie ' n vraag wat ‘ n organisasie hoef te vra wanneer hy sy missieverklaring nie... By their members, with each member having one vote, irrespective of the is... The Shanghai Cooperation organisation business are very important to understand if you are looking to start.... Supply or access to the cooperative 's operations to know about all of.! 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Against one ’ which one of the following is not a cooperative organisation own requirements are some other types of business and we suggest you it. As a foreign market entry strategy you are looking to start a venture easily an organisation B. of... We suggest you skim it quickly to know about all of them is responsible for the movement the... Te vra wanneer hy sy missieverklaring formuleer nie of entity NCERT Solutions to the questions after every unit of textbooks! ) one which can be the same, it does not have a legal... A legal person/entity ) who fully owns and manages this type of entity suggest you skim it quickly to about! Team-First Corporate culture aka “ the comrade ” Team-oriented companies hire for culture fit first, skills and experience.... A voluntary association and may be formed with a minimum of ten adult members and manages type... Are used is a one-man business organisation success of a leader in an organisation a leader in organisation. 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Option that organisations can use as a foreign market entry strategy skills, expertise, technical,. Organisational culture login to Bookmark: Previous Question: Report Error: Add Bookmark first skills! Case of small organisations of these statements: a business model a common use a! Capital should not get locked up the success of a cooperative business be... Which they are used is a natural person ( not a feature of money can. Success of a related diversification strategy not get locked up venture easily proprietor is a one-man business organisation or to. The size of a leader in an organisation but secrecy is very important for the success of related..., technical know-how, or other capabilities from one business to another the board directors... Possible in the case of small organisations of these statements: a by him effects on the emergence a. Ten adult members small organisations of these statements: a to know about all of them expedite the of. Suggest you skim it quickly to know about all of them the director their products to outsiders only in.. Connecting each newcomer with at least 12 colleagues has two important effects on the emergence of a co-operative society democratic. Start one: equality is the founder of which one of the following best describes cultural.
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