Tag: ownership structures - joint stock company

Questions Related to ownership structures - joint stock company

Which of the following statements about most public limited companies is true?

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. They are owned and controlled by the employees

  2. They are owned by the directors but controlled by the shareholders

  3. The are owned by shareholders but controlled by directors

  4. They are owned and controlled by the promoters

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Correct Option: B

Out of these which statement is true?

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. Both private and public companies need one director

  2. Private companies need two directors but public companies need 3

  3. Private companies need one directors but public companies need two

  4. Both private and public companies need two directors

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Correct Option: A

By EXIM policy we mean _____________________.

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. external and internal policy

  2. export-import policy

  3. extra import policy

  4. none of the above.

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Correct Option: B

Strategy that is adopted when the company is performing poorly or when it no longer fits the company's strategic profile is known as ____________.

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. divestment strategy

  2. liquidation strategy

  3. transformation strategy

  4. turnaround strategy

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Correct Option: A

The method of advertising for vacancies internally by posting a notice of the opening on bulletin board, etc. is known as ___________.

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. Job posting

  2. Job enlargement

  3. Job bank

  4. Job description

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Correct Option: A

In the words of " _______ "a public Corporation is an organization that is clothed with the power  of the government, but is possessed with the flexibility and initiative of private enterprise."

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. Roosevelt

  2. Schumpeter

  3. Prof. Robson

  4. Ronaldo

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Correct Option: A

Who headed a team at the Hawthrone plant of the Western Electric Company?

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. Henri Fayol

  2. Elton Mayo

  3. McGregor

  4. Mintzberg

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Correct Option: B

Every listed public company shall have at least  __________ of the total number of directors as independent directors.

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. One-fourth

  2. Two-third

  3. One-third

  4. Three-fourth

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Correct Option: C

__________ has been founded to act as permanent watchdog on the International Trade.

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. IBRD

  2. ADB

  3. WTO

  4. IMF

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Correct Option: C
Explanation:

WTO or World Trade Organization has been founded to act as permanent watchdog on the International Trade. Its main function is to ensure global trade flows. The World Trade Organization is an intergovernmental organization. It is concerned with the regulation of international trade between nations.

The maximum number of members in a private limited company is ________________.

elements of business ownership structures - joint stock company meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. $10$

  2. $25$

  3. $50$

  4. Unlimited

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Correct Option: C
Explanation:

The maximum number of members in a private limited company is 50. According to the provisions of Companies Act 2013, Private limited company can be started with minimum 2 members and maximum 50 members.