_________ highly flexible type of organization.
A. Sole Trading Concern
B. Partnership
C. State Enterprises
D. Joint Stock Companies
Answer: Option A
Solution(By Examveda Team)
Sole Trading Concern highly flexible type of organization. Sole trading concern is the oldest type of business organization throughout the world. It is simple and natural type of organization because it is owned, controlled, supervised and managed by single person known as sole trader.Related Questions on Business and Commerce
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C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
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