Forms of Business Organisation-2 — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-22 Marks
Question
Why decisions regarding policy are delayed in company form ?
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Answer
For any policy decision, meeting has to be called and the consent of the members is required. Many days prior to the meeting members are sent circular in this regard and resolution is to pass in the meeting.
It takes more time, so policy decisions are delayed.
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