Business Studies

The objects and powers of a statutory corporation ______.


ANSWER

may not be changed easily


SOLUTION
It is very difficult to form statutory corporations because it requires lengthy documentation, complicated formalities and passing of statue.The policies once approved, the statue once passed cannot be changed easily. It can be done by the parliament only and this is very time consuming.
View Full Answer

Its FREE, you're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 146
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Which of the following is/are included in public sector enterprises as 'Navaratnas'?
  • A. HPCL
  • B. IOC
  • C. MTNL
  • 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
A company is a government company and X Company is a subsidiary of A company then X Company will be a _____________.
  • A. Public Company
  • B. Private company
  • C. Government company
  • D. None of these

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Which of the following is/are included in public sector enterprises as 'Navaratnas'?
  • A. RCL
  • B. LIC
  • C. RBI
  • D. GAIL

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
According to prof. Robson: "It is destined to play as important a part in the field of nationalized industry in the __________ as the privately-owned corporation played in the realm of capitalist organization in the _________."          
  • A. 19th Century; 20th Century
  • B. 21st Century; 20th Century
  • C. 20th Century; 19th Century
  • D. 18th Century; 19th Century

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
A MNC is defined by an organization ___________.
  • A. carrying out production in more than one country.
  • B. having sales in more than one country.
  • C. having a multi-ethnic workforce
  • D. having- suppliers in more than one country

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


1 Verified Answer | Published on 18th 08, 2020

View Answer