ExamVeda
Login
Home

The oldest form of business organization is

This question belongs to Commerce Business And Commerce
Business and Commerce
?

The oldest form of business organization is _________.

Answer & Solution
Correct Answer: Option B
The oldest form of business organization is sole proprietorship. When the ownership and management of a business are in control of one individual the form of business is called sole proprietorship.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Business and Commerce

Business means ________.
A. Commerce B. Industry and commerce 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
More Related Questions on Business and Commerce