Business Studies

Give the classification of companies on the basis of ownership. 


SOLUTION
On the basis of ownership companies can be divided as 
  • Government company: It is a company in which at least 51% of the paid up share capital is owned by the central or the state government. The rest is owned by an individual or a private company. Example: Coal Mines Authority Ltd.
  • Non-Government company: It is a company which is not owned by the government but instead by a private individual or group of individuals. Example: HelpAge India
View Full Answer

Its FREE, you're just one step away


Subjective Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 145
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Multinational Corporation can be defined as a firm which____________.
  • A. is having all the government benefits of the origin country
  • B. is counted amongst the biggest industries in the host country
  • C. owns companies in more than one country
  • D. all of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Which amongst the following is NOT a role of a Company Secretary?
  • A. As a statutory officer
  • B. As an administrative officer
  • C. As a coordinator
  • D. As a manager

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Through which of the following means the companies globalize their operations?
  • A. Exporting directly
  • B. Licensing/ franchising
  • C. Joint ventures
  • D. All of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 TRUE/FALSE Medium
State the following statement is True or False:
Another name of situation clause is the domicile clauses.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
________ can also be described as any form of association which implies collaboration for more than a transitory period.
  • A. Joint venture
  • B. Licensing
  • C. Contract Manufacturing
  • D. Wholly Owned Subsidiaries

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer