Forms of Business Organization - II

Departmental Organisation & Its Merits

Description: A Departmental Organisation is a government-controlled entity. Its merits include efficiency, accountability, specialization, and alignment with public policies.

Statutory Corporation & Its Features

Description: Demerits of Departmental Organisation include bureaucracy, inflexibility, and political interference. Statutory Corporations are government-established entities with autonomy and legal status.

Government Company & Its Merit, Demerit

Description: Merits of Statutory Corporations: autonomy, flexibility, and public accountability. Government Companies combine private efficiency with state control, but can face political interference.

Multinational Corporations & Its Features

Description: Multinational Corporations operate globally, with centralized control, large-scale production, and diverse market presence.

Public Sector vs Private Sector

Description: Public sector is government-managed, providing public services; private sector is profit-driven, operated by individuals or companies.

Introduction of Commerce and Business

Board: State Board

Stream: Commerce

Standard: XI

Course: Organisation of Commerce

Trade

Board: State Board

Stream: Commerce

Standard: XI

Course: Organisation of Commerce

Small Scale Industry and Business

Board: State Board

Stream: Commerce

Standard: XI

Course: Organisation of Commerce

Institutes Supporting Business

Board: State Board

Stream: Commerce

Standard: XI

Course: Organisation of Commerce

Introduction to Management

Board: State Board

Stream: Commerce

Standard: XI

Course: Organisation of Commerce

Principles of Management

Board: State Board

Stream: Commerce

Standard: XII

Course: Organisation of Commerce

Social Responsibilities of Business

Board: State Board

Stream: Commerce

Standard: XII

Course: Organisation of Commerce

Consumer Protection

Board: State Board

Stream: Commerce

Standard: XII

Course: Organisation of Commerce

Marketing

Board: State Board

Stream: Commerce

Standard: XII

Course: Organisation of Commerce