Direct contact with the customers is possible in_________

(a)

sole trading concern

(b)

private limited company

(c)

public limited company

(d)

co-operatives

Which of the following is suitable, where small amount of capital is required?

(a)

Sole trading concern

(b)

Private limited company

(c)

Public limited company

(d)

Co-operatives

Consumers are ______

(a)

creditors

(b)

debtors

(c)

kings

(d)

owners

The day-to-day requirements of consumers are supplied by_______

(a)

producer

(b)

manufacturer

(c)

whole-saler

(d)

sole trader

"One-man control is the best in the world" -This statement is given by__________

(a)

Dr. O.R. Krishnaswami

(b)

Wheeler

(c)

William R. Basset

(d)

James Stephenson