About This Chapter
Forms of Indian Business Organizations - Chapter Summary
Use this chapter to go over the forms of Indian business organizations. Make your way through the lessons to review such concepts as merits and demerits, partnership registration, types and roles of promoters, articles of association, and more. These lessons provide detail-rich information about business on the local scale within the country of India, but there is also information concerning a more worldwide approach to business. The chapter will help you describe the structures of business ownership in India and identify the formation and objectives of sole traders there. Those who complete this chapter will also be prepared to:
- Define the formation and the features of an Indian business partnership
- Explain the objectives and features of joint stock companies
- Offer examples of corporate organization types in India
- Point out necessary documents for running businesses in India
- Show how companies are classified within India
- Establish examples of global strategy
- Outline PPPs and public sector undertakings in India
- Name the types and characteristics of cooperative organizations in India
We offer interactive self-assessment tools to help you check your knowledge concerning this commerce topic. For example, each of the lessons in this chapter comes with a lesson quiz. The quizzes include multiple-choice style questions, much like the questions found on most major exams. If you do not score well on any particular quiz, you can always go back to the lesson and study the materials more closely.
1. Business Ownership Structures in India
Thinking about going into business and not sure where to start? In this lesson, you'll learn more about the ownership structures of commercial organizations in India and some important features of each.
2. Sole Trader in India: Definition, Objectives & Formation
It is one of the most common and oldest business types around: The sole trader/proprietorship shop. In this lesson, we will define the business structure, its formation, advantages and disadvantages.
3. Classifying Companies in India
There are many different types of companies in India. This lesson will define and describe the major types of business. We will cover structure, liability, and membership.
4. Global Strategy: Definition & Example
This lesson provides an overview of how companies transition from an international company to a global company using global strategy. We will use McDonald's, the largest food service retailer in the world, to demonstrate how and why global strategy is used.
5. Cooperative Organizations in India: Definition, Characteristics & Types
Would you go into business if you knew you wouldn't make money? Some people do, as members of a cooperative organization. In this lesson, you'll learn more about cooperatives, what they do, and their advantages and disadvantages.
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Other chapters within the ISC Commerce: Study Guide & Syllabus course
- Introduction to Indian Commercial Organization
- Social Responsibility of Businesses
- Emerging Modes of Business
- Stock Exchange in India
- Types of Trade
- Understanding Foreign Trade
- Insurance & Risk Management Basics
- Business Environment Overview
- Types of Financing
- Management Theories & Functions
- Marketing in India
- ISC Commerce Flashcards