11th Organisation Of Commerce & Management | Chapter 4.|FORMS OF BUSINESS ORGANISATION|OCM|LECTURE-9

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Jayesh Rajgor
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In this video We Explain JOINT HINDU FAMILY BUSINESS & ITS MERITS & DEMERITS From Class 11th Organisation Of Commerce & Management Chapter 4 Forms Of Business Organisation-
MERITS
Quick and Prompt decision.
Co-parcener’s liability.
On the job training.
Protection of co-parceners interest.
Easy formation.
DEMERITS
No separate legal status.
No direct relationship between effort and rewards.
Partition of business.
Unlimited liability of karta.
Limited financial and managerial resources.
#OCM #JAYESHRAJGOR #11thCOMMERCE



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