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Needed a Document for limitations of company organisation?
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Needed a Document for limitations of company organisation? Related: ...
Company form of business organisation suffers from the following limitations :
1.Complexity in formation : The formation of a company is a very time consuming, expensive and complex process. It involves a lot of documentation, legal formalities, etc.
2.Lack of secrecy : The Companies Act has made it compulsory for a public company to provide a lot of information to the public as well as to the office of the Registrar of Companies from time to time. This makes it difficult for the company to maintain secrecy about its operations.
3.Impersonal work environment: Separation of ownership and management results in lack of motivation. Officers of the company may not take sufficient initiatives and personal efforts for the betterment of the company. Due to the large size of a company, it is very difficult for the top management to maintain personal contact with the employees, customers and creditors.
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Needed a Document for limitations of company organisation? Related: Business Studies (BST) - Class 11, CBSE (based on NCERT)?
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Needed a Document for limitations of company organisation? Related: Business Studies (BST) - Class 11, CBSE (based on NCERT)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Needed a Document for limitations of company organisation? Related: Business Studies (BST) - Class 11, CBSE (based on NCERT)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Needed a Document for limitations of company organisation? Related: Business Studies (BST) - Class 11, CBSE (based on NCERT)?.
Needed a Document for limitations of company organisation? Related: Business Studies (BST) - Class 11, CBSE (based on NCERT)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Needed a Document for limitations of company organisation? Related: Business Studies (BST) - Class 11, CBSE (based on NCERT)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Needed a Document for limitations of company organisation? Related: Business Studies (BST) - Class 11, CBSE (based on NCERT)?.
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