4 Main Factors that Influence Group Performance within Organisations. The Organisation for Economic Co-operation and Development (OECD) is a group of 37 member countries that discuss and develop economic and social policy. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of: third-party logistics supply chain collaboration dovetailing relationship marketing 17. Strategic alliances, joint ventures, and cooperative agreements between domestic and foreign firms are a potentially fruitful means for the partners to. a. MCQs: Which one of the following is not considered as an organisation ? Procedural hurdles should not be there. Organisations use this entry mode by entering an agreement with another foreign or local organisation to use its distribution network (Kotler & Armstrong 2012). A) Russia : B) Kazakhstan : C) Ukraine: D) Uzbekistan : Correct Answer: C) Ukraine: Part of solved International Organisations questions and answers : General Knowledge >> Economy >> International Organisations. 2). 2. There are some other types of business and we suggest you skim it quickly to know about all of them. 12. Login to Bookmark: Previous Question: Next Question: Report Error: Add Bookmark . But secrecy is very important for the success of a business organisation. 11. Which of the following is NOT one of the elements of a business model? Our experts are building a solution for this . Airline reservation systems. Dictaphone 2. One of the key features of the NGC is its ability to control supply or access to the cooperative's operations. Cooperative exporting is another exporting option that organisations can use as a foreign market entry strategy. … Principles of Cooperatives. 20. 14 advantages and disadvantages of cooperative business are very important to understand if you are looking to start one. c. Driver license records. Which one of the following is not a typical question dealt with by an operations managers? Cooperatives are democratically owned by their members, with each member having one vote in electing the board of directors. d) One which can be the same person as the director. 20. Which one of the following is not a function of a leader in an organisation? Calvert Cooperative organisation is “a society which has its objectives for the promotion of economic interests of its members in accordance with cooperative principles. A. Article shared by . This paved the way for competitors to compete in more better manner. One member – One vote. Values B. Beliefs C. Paradigm D. History . A. Connecting each newcomer with at least 12 colleagues has two important effects on the emergence of a cooperative mindset. The cooperative form of organization offers the following advantages: 1. In other types of cooperatives, members can enter and exit as they please, and cooperatives operating without marketing contracts with their members have no way to guarantee a specific operating capacity at any one time. … Here on AglaSem Schools, you can access to NCERT Book Solutions in free pdf for Business Studies for Class 11 so that you can refer them as and when required. There are several factors influencing performance of groups. Typewriter 4. One vote only Even though some shareholders may have a greater involvement or investment than others, they still only get one vote. Any person can become a member of the society following these rules and regulations. One of the primary advantages of a SARL is limited liability; an owner or other investor in the company cannot be liable for more than they have contributed to the company’s capital. B. Fixing the remuneration package of the employees. Having a brief knowledge about a cooperative business will be handy before getting into the pros and cons discussion. World Organisations Questions & Answers for Bank Exams : Which one of the following statements is not correct in respect of the South Asian Association for Regional Cooperation (SAARC)? type of organisation against one’s own requirements. Which one of the following is not a feature of money? The following are the principles of co-operatives: 1. The legal formalities must be minimum. Every member is entitled to one vote, irrespective of the number of shares held. They are not freely transferable; unless the intended recipient is a spouse, descendant, or other close relative, transfers require the agreement of half of the shareholders (since Ord. 2 and 3 are correct C. 1 and 4 are correct D. 1,3 and 4 are correct 20: Consider the following office equipments used in various offices: 1. - Health & Physical MCQs - Health & Physical Education MCQs Part 7 A. Which one of the following is not a question an organisation needs to ask when formulating its mission statement? NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas. The Indian Cooperative Societies Act 1912 . Too much initial capital should not get locked up. D. Selecting the most effective communication channel. Offers opportunities to transfer skills, expertise, technical know-how, or other capabilities from one business to another. 2. The cooperative society does not maintain any secrecy in business because the affairs of the society is openly discussed in the meetings. a. 1 and 2 are correct B. Its registration is very simple and can be done without much legal formalities. Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED) 1. Bank account records. Which of the following is not one of the four layers of organisational culture? In fact, the business and the man are the same, it does not have a separate legal entity. Professor Muhammad Yunus is the founder of which one of the following banks? [AI 2011] (a) Medium of exchange (b) Lack of divisibility (c) A store of value (d) A unit of account. 4. 2 mars 2004). Key factors to decide. A person … b. Which of the following is an important appeal of a related diversification strategy? Each member has one vote, irrespective of the number of shares held by him. Features of an Ideal Form of Organisation: An ideal form of ownership chosen to set up a venture must have the following features: i. Which one of the following can result from reducing the size of a field in a table? A representation of the politics in an organisation B. Question 10 An organisation running a business has the following attributes: the assets belong to the organisation, it can create a floating charge over its assets, change in membership does not alter its existence, and members cannot transfer their interests to others. Which one of the following ... business studies. Cash trading: The cooperative societies sell their products to outsiders only in cash. Sole Proprietorship in simple words is a one-man business organisation. All of these. The prominent among these are as follows: (1) Composition of the Group: It refers to the extent of homogeneity in members of the group. Equality of voting rights: Equality is the essence of co-operative undertakings. Open Membership- Membership in a cooperative organisation is open to all people having a common interest. Consider the following if you decide to register as a co-operative: Membership World Organisations Questions & Answers for Bank Exams : Which one of the following countries is NOT a member of ASEAN? Team-first Corporate Culture aka “the comrade” Team-oriented companies hire for culture fit first, skills and experience second. Features of Co-operative Society. A. A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise". Delegation is not possible in the case of small organisations Of these statements: A. Answer. Which one of the following is NOT a common use of a large-scale database? / Watter een van die onderstaande is nie 'n vraag wat ‘n organisasie hoef te vra wanneer hy sy missieverklaring formuleer nie? Furthermore, a sole proprietor is a natural person(not a legal person/entity) who fully owns and manages this type of entity. Which one of the following is NOT a strategically beneficial reason why a company may enter into strategic partnerships or cooperative arrangements with key suppliers, distributors, or makers of complementary products? NCERT Solutions Class 11 Business Studies Chapter 2 Forms of business organisation. The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. The Shanghai Cooperation Organisation (SCO), or Shanghai Pact, is a Eurasian political, economic, and security alliance, the creation of which was announced on 15 June 2001 in Shanghai, China by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan; the Shanghai Cooperation Organisation Charter, formally establishing the organisation, was signed in June 2002 … Which one of the following is NOT one of the four perspectives that a balanced scorecard views an organisation from? C. Resolving conflict. To expedite the development of promising new technologies or products. d. Personal address book. Upvote(1) How satisfied are you with the answer? Motivating employees. A. Which one of the following is not a member of the Shanghai Cooperation Organisation? Letter opener The correct order in which they are used is A. 1234 B. 1. what the linkages are _____ is knowledge that can be easily articulated and communicated; _____, on the other hand, is knowledge that is not easily communicated. Ongoing educational requirements Co-operatives require ongoing cooperative education programs for members. Easy to Form- A cooperative society is a voluntary association and may be formed with a minimum of ten adult members. C. To enable greater opportunities for employee … B. So, on the one hand, the return on an investment will be higher and on the other, the cost of operation will be lesser. Thus, the management of a co-operative society is democratic. While no one culture is the best or worst of the bunch – each has its pros and cons – there’s something to learn from companies that fall under any of these categories. In his memoirs, one of the earliest ASEAN Secretaries-General, Narciso G. Reyes of the Philippines, described the ASEAN organizational structure and process as “a flying circus”-not in any pejorative sense but in delighted amazement that in spite of its determined avoidance of centralization and its dizzying scheme of rotation, it worked fine. Which of the following best describes the cultural web? need to protect their economic interests in the face of possible exploitation at the hands of middlemen obsessed with the desire to earn greater profits. 19. A part of the profits, not exceeding ten percent can be used for promoting the welfare of the locality in which the cooperative society is located. Easy to Form: You should be able to start a venture easily. EASY. [AI 2011] (a) Cooperative Bank (b) Commercial Bank (c) Grameen Bank (d) Land Development Bank. NAFED promotes the inter state trade as well as export of certain agricultural commodities to many foreign countries. A. Fax 3. 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