Home › Bihar Board Class 12 (Commerce) › Business Studies › Internal Trade › A departmental store is generally organised as a
A departmental store is generally organised as a
ASole proprietorship
BJoint stock company
CPartnership firm
DHindu undivided family
Answer & Solution
Correct answer: B. Joint stock company
Because of its very large size it is formed as a joint stock company run by a board of directors.
Related questions
The Value Added Tax was levied in place ofOctroi and local levies are an important source of revenue forWhich of these is a national trade association of Indian business?Which body checks that GST cost benefits reach consumers?Input tax credit under GST helps avoidHow are exports treated under GST?Decisions in the GST Council are taken by what majority?Who chairs the GST Council?