Ch 2: Forms of Indian Business Organizations

About This Chapter

Get up to speed on the forms of Indian business organizations by going through this chapter. Before taking any exams in your commerce classes, use our lesson materials as your go-to study aid for memorizing business-related terminology, practices, concepts, and real-world examples.

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.

5 Lessons in Chapter 2: Forms of Indian Business Organizations
Test your knowledge with a 30-question chapter practice test
Business Ownership Structures in India

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.

Sole Trader in India: Definition, Objectives & Formation

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.

Classifying Companies in India

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.

Global Strategy: Definition & Example

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.

Cooperative Organizations in India: Definition, Characteristics & Types

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.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.