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Forms of Business Organisation-2 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-22 Marks
Question
How does ownership and management differ in Company form ?
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Answer

  • Shareholders elect their representatives in company form. He is called director. All directors are called "Board of Directors", which manages the company. In company ownership and management are different.

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