Advantages of State Enterprises Ensuring better public service: Some public utilities are very significant for public interest. Commercial running of those through private Sector will harem provision of better public service. Operation of those in the public sector ensures better service for the public. Radio, Television. Rahway, postal Service, etc. Provide Service, etc. Provide better […]
Business Ownership
What is Cooperatives Society? Characteristics of Cooperative Society
Cooperatives mean joined efforts. The society created as a result of the joint cooperation of a poor or lower class of a society or region for their economic development is known as cooperative. The labor class and the lower middle class usually face problem to support them in the face of exploitation of the rich […]
Shares of a public Limited Company | Different types of shares
Share of company is a part of the share company. The capital of a company is divided into a number of equal parts. Each part is a share of the share capital. For example, if the authorized capital of the company is the TK. one million and it is divided into 10,000 equal portions, and […]
What are Public Limited Company and Private Limited Company?
A company that possesses the characteristic of a company is known as public company or public limited company. This types of company is publicity held, the public can acquire, own, and sell the shares of such types of company at their wishes. The company can issue prospectus to the subscribe the shares and debentures of […]
Classification of the Company | Important Documents of a Company
Classification of the Company, Usually, companies are of the types: Statutory Company: Company created by the special act of the parliament or royal charter is known as statutory company. Registered Company: Company that is formed by registration within the registrar of Joint Stock Companies, Registered companies may be of two types. Unlimited Liability Company: a […]
Advantages and Disadvantages of joint Stock Company
Joint Stock Company is a large organization to cater the needs of modern business, Modern business requires huge amount of capital, technology and skilled human resources. Proprietorship firm cannot harness such huge amount of resources. Joint Stock Company can only afford required huge resource. Father, these types of business organization has the following advantages: Advantages […]