19. A representation of the politics in an organisation B. C. Resolving conflict. A. There are several factors influencing performance of groups. NCERT Solutions Class 11 Business Studies Chapter 2 Forms of business organisation. 20. NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas. d) One which can be the same person as the director. Which of the following is an important appeal of a related diversification strategy? The Organisation for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy. Which one of the following is NOT a common use of a large-scale database? 11. 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. B. Fixing the remuneration package of the employees. 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. The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. Thus, the management of a co-operative society is democratic. A person … Which of the following is NOT one of the elements of a business model? Ongoing educational requirements Co-operatives require ongoing cooperative education programs for members. Key factors to decide. Motivating employees. Offers opportunities to transfer skills, expertise, technical know-how, or other capabilities from one business to another. But secrecy is very important for the success of a business organisation. Delegation is not possible in the case of small organisations Of these statements: A. d. Personal address book. 1 and 2 are correct B. 4 Main Factors that Influence Group Performance within Organisations. … 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. Article shared by . 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. c. Driver license records. There are some other types of business and we suggest you skim it quickly to know about all of them. 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 Typewriter 4. Team-first Corporate Culture aka “the comrade” Team-oriented companies hire for culture fit first, skills and experience second. Equality of voting rights: Equality is the essence of co-operative undertakings. All of these. Which of the following best describes the cultural web? 12. Which of the following is not one of the four layers of organisational culture? Easy to Form- A cooperative society is a voluntary association and may be formed with a minimum of ten adult members. 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. 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)? 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. Any person can become a member of the society following these rules and regulations. Which one of the following can result from reducing the size of a field in a table? Fax 3. 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. Cooperative exporting is another exporting option that organisations can use as a foreign market entry strategy. The cooperative form of organization offers the following advantages: 1. 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. Each member has one vote, irrespective of the number of shares held by him. Airline reservation systems. 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". A. Which one of the following is not a function of a leader in an organisation? This paved the way for competitors to compete in more better manner. Its registration is very simple and can be done without much legal formalities. Strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners to. In fact, the business and the man are the same, it does not have a separate legal entity. 1234 B. A. Features of Co-operative Society. a. Procedural hurdles should not be there. One vote only Even though some shareholders may have a greater involvement or investment than others, they still only get one vote. 1. Professor Muhammad Yunus is the founder of which one of the following banks? 2). C. To enable greater opportunities for employee … Sole Proprietorship in simple words is a one-man business organisation. 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? 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. To improve access to new markets. Letter opener The correct order in which they are used is A. Furthermore, a sole proprietor is a natural person(not a legal person/entity) who fully owns and manages this type of entity. A. [AI 2011] (a) Cooperative Bank (b) Commercial Bank (c) Grameen Bank (d) Land Development Bank. NAFED promotes the inter state trade as well as export of certain agricultural commodities to many foreign countries. Which one of the following is not a question an organisation needs to ask when formulating its mission statement? - Health & Physical MCQs - Health & Physical Education MCQs Part 7 EASY. World Organisations Questions & Answers for Bank Exams : Which one of the following countries is NOT a member of ASEAN? Which one of the following is not a typical question dealt with by an operations managers? The following are the principles of co-operatives: 1. Which one of the following ... business studies. Features of an Ideal Form of Organisation: An ideal form of ownership chosen to set up a venture must have the following features: i. 2. a. Having a brief knowledge about a cooperative business will be handy before getting into the pros and cons discussion. A. Which one of the following is not a member of the Shanghai Cooperation Organisation? Every member is entitled to one vote, irrespective of the number of shares held. 2. Cooperatives are democratically owned by their members, with each member having one vote in electing the board of directors. MCQs: Which one of the following is not considered as an organisation ? Bank account records. 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. 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. D. Selecting the most effective communication channel. [AI 2011] (a) Medium of exchange (b) Lack of divisibility (c) A store of value (d) A unit of account. Cash trading: The cooperative societies sell their products to outsiders only in cash. Upvote(1) How satisfied are you with the answer? 20. type of organisation against one’s own requirements. Principles of Cooperatives. Dictaphone 2. 2 mars 2004). 14 advantages and disadvantages of cooperative business are very important to understand if you are looking to start one. / Watter een van die onderstaande is nie 'n vraag wat ‘n organisasie hoef te vra wanneer hy sy missieverklaring formuleer nie? Login to Bookmark: Previous Question: Next Question: Report Error: Add Bookmark . 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. 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. One member – One vote. The cooperative society does not maintain any secrecy in business because the affairs of the society is openly discussed in the meetings. So, on the one hand, the return on an investment will be higher and on the other, the cost of operation will be lesser. … 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 … Too much initial capital should not get locked up. b. The Indian Cooperative Societies Act 1912 . Open Membership- Membership in a cooperative organisation is open to all people having a common interest. A. Calvert Cooperative organisation is “a society which has its objectives for the promotion of economic interests of its members in accordance with cooperative principles. B. Consider the following if you decide to register as a co-operative: Membership The prominent among these are as follows: (1) Composition of the Group: It refers to the extent of homogeneity in members of the group. Easy to Form: You should be able to start a venture easily. To expedite the development of promising new technologies or products. Which one of the following is NOT one of the four perspectives that a balanced scorecard views an organisation from? Answer. Organisations use this entry mode by entering an agreement with another foreign or local organisation to use its distribution network (Kotler & Armstrong 2012). 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