Steps involved ...

Which organisation is known as scalar or military organisation?

The oldest form of organisation is ______.

Line organisation is suitable for _______.

The main advantage of functional organization is _________.

Functional organisation is suitable for _____.

A partner whose association with the firm is unknown to the general public is called _____________.

Balu, Lalu and Kalu are partners in a firm. They admit Malu as a minor partner to the benefit of partnership. Within 6 months of his attaining majority, he fails to give a public notice of his intention that he has become a fullfledged partner. On the other hand all other partners refuse to take him as a partner. In this case, which of the following statement is correct ?

The maximum number of partners allowed in the banking business are ______________.

Profits do not have to be shared. This statement is true in the case of ______________.

The transfer by a company of one or more of its business divisions to another newly set up company is called _____________.