Q2 A of 18 Page 265

Answer the following questions in one or two sentences each:

Which are the small scale business organizations?


Small scale business organizations include sole trading concerns, partnership firms and Hindu undivided family firms.


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1 D

Fill in the blanks in the following sentences with appropriate words:

The Head of the Hindu undivided family business is known as______ .


 1

Fill in the blanks in the following sentences with appropriate words:

The only business concern under private business organization found in India is ______ .


 2 B

Answer the following questions in one or two sentences each:

How do sole trading concerns help the consumers?


 2 C

Answer the following questions in one or two sentences each:

What are partnership firms?