Download App

DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.3 Marks
Question
Why is the need for a Managing Director?
✓

Answer

To organize the meetings regularly. For all the functions of the meeting to be organized and sequenced.
  • To administer the company daily.
  • To see whether the company works under the provisions of the company's application, application form and the regulatory order.
  • The company's supreme power remains in the hands of a single person to make arrangements.
  • There is a need for managing director to control every activity, every department.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Each" from DIRECTORS OF A COMPANY.→DIRECTORS OF A COMPANY. — all question types→SPCC STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Write any five points to be kept in mind during oral presentation.
→
State duties of a company secretary regarding share allotment.
→
"A person may be a member but may nót be a shareholder." Explain.
→
Mention the duties of company secretary regarding agenda.
→
When is a managing director not compensated ?
→
Write five points to be remembered for presenting a power point presentation.
→
How are share applications classified ?
→
State the provisions of the Company Act regarding the Quorum.
→
Explain the provisions of the Companies Act for Managing Director.
→
What are the things in the instruction slip?
→