This document discusses different forms of business organization. It describes sole proprietorship, joint Hindu family business, partnership firm, cooperative organization, joint stock company, and one person company. Sole proprietorship is owned and run by one person, with no legal distinction between the owner and business. A joint Hindu family business is managed by members of a Hindu undivided family under the head of the family. A partnership firm is formed by agreement between two or more individuals to carry on business as co-owners, sharing profits and losses. A cooperative organization is a voluntary association of at least ten members in the same locality joining together for economic or business interests. A joint stock company comprises two or more persons organized to conduct business for

1. BUSINESS ORGANIZATION
PRESENTED BY
RIYA S.PAWASHE

2. Business organization
is an entity aimed at
carrying on commercial
enterprise by providing
goods or services to
meet needs of the
customers.

3. FORMS OF BUSINESS ORGANIZATION
 Sole Proprietorship
 Joint Hindu Family Business
 Partnership Firm
 Co-operative Organization
 Joint Stock Company
 One Person Company

4. SOLE PROPRIETORSHIP
It is a type of
enterprise that is
owned and run by one
person and in which
there is no legal
distinction between
the owner and the
business entity.

5. JOINT HINDU FAMILY BUSINESS
Joint Hindu Family
Business is a different type
of organization, which is
found only in India. As the
name suggests, it is type of
organization in which all the
members
of Hindu Undivided Family
manage and control
the business with the
direction of head of
the family. It is not a
Partnership.

6. PARTNERSHIP FIRM
A business
partnership is a
specific kind of legal
relationship formed by
the agreement between
two or more individuals
to carry on a business as
co-owners. The partners
in a business
partnership invest in
the business, and each
investor/partner has a
share in the profits and
losses.

7. CO-OPERATIVE ORGANIZATION
Co-operative organization
is a society which has as its
objectives the promotion
of the interests of its
members in accordance
with the principles of
cooperation. It is a
voluntary association of
ten or more members
residing or working in the
same locality, who join
together on the basis of
equality for the fulfillment
of their economic or
business interest.

8. JOINT STOCK COMPANY
It is a company or an
association comprising of two
or more persons organized to
conduct business for profit and
having a joint stock of share
capital owned individually by
the members and transferable
to others without the group’s
consent
Tata Motors Limited, Indian
Oil Corporation and Reliance
Industries Limited are some
popular joint stock companies
in India.

9. ONE PERSON COMPANY
one-person company is
a company that has
only one person as its
member. Furthermore,
members of
a company are nothing
but subscribers to its
memorandum of
association, or its
shareholders

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