Tag: ownership structures - joint stock company

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Questions Related to ownership structures - joint stock company

Multiple choice 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

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

  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
Reveal answer Fill a bubble to check yourself
B Correct answer
Multiple choice 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

Out of these which statement is true?

  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
Reveal answer Fill a bubble to check yourself
A Correct answer
Multiple choice 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

By EXIM policy we mean _____________________.

  1. external and internal policy

  2. export-import policy

  3. extra import policy

  4. none of the above.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

EXIM policy stands for Export-Import policy, which governs the rules and regulations related to the trade of goods and services between a country and the rest of the world.

Multiple choice 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

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

  1. divestment strategy

  2. liquidation strategy

  3. transformation strategy

  4. turnaround strategy
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Divestment strategy involves selling off a business unit or part of the company that is underperforming or no longer aligns with the firm's core strategic goals.

Multiple choice 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

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

  1. Job posting

  2. Job enlargement

  3. Job bank

  4. Job description
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Job posting is the internal recruitment practice of advertising job vacancies to current employees via bulletin boards, company intranets, or emails.

Multiple choice 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

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."

  1. Roosevelt

  2. Schumpeter

  3. Prof. Robson

  4. Ronaldo
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

This specific definition of a public corporation, emphasizing the balance between government power and private flexibility, is attributed to Franklin D. Roosevelt.

Multiple choice 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

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

  1. Henri Fayol

  2. Elton Mayo

  3. McGregor

  4. Mintzberg
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Elton Mayo led the famous Hawthorne Studies at the Western Electric Company, which laid the foundation for the Human Relations Movement in management.

Multiple choice 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

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

  1. One-fourth

  2. Two-third

  3. One-third

  4. Three-fourth
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to the Companies Act and SEBI regulations, listed public companies are required to have at least one-third of their total directors as independent directors.

Multiple choice 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

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

  1. IBRD

  2. ADB

  3. WTO

  4. IMF
Reveal answer Fill a bubble to check yourself
C Correct answer
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.

Multiple choice 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

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

  1. $10$

  2. $25$

  3. $50$

  4. Unlimited
Reveal answer Fill a bubble to check yourself
C Correct answer
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.