Transcription of FOUNDATION PROGRAMME - ICSI
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FOUNDATION PROGRAMME - ICSI
ISTUDY MATERIALFOUNDATION PROGRAMMEBUSINESS ENVIRONMENTAND LAWPAPER 1 ICSI House, 22, Institutional Area, Lodi Road, New Delhi 110 003tel 011-4534 1000, 4150 4444fax +91-11-2462 6727email THE INSTITUTE OF COMPANY SECRETARIES OF INDIATIMING OF HEADQUARTERSM onday to FridayOffice Timings to Dealing TimingsWithout financial transactions to financial transactions to , Typesetting by AArushi Graphics, Prashant Vihar, New Delhi, andPrinted at MP Printers/June 2017iiiiiFOUNDATION PROGRAMME IMPORTANT NOTEThe study material has been written in lucid and simple language and conscious efforts have been made toexplain business environment, different forms and functions of organizations, basic elements of businessand mercantile laws and concept of entrepreneurship.
Comparative Analysis of Business Environment – India and Other Countries 16 LESSON ROUND UP 20 GLOSSARY 21 SELF-TEST QUESTIONS 22 LESSON 2 FORMS OF BUSINESS ORGANISATION Introduction 26 Characteristics of an ideal form of organization 26 Forms of business organisation 27 Sole proprietorship 28 Characteristics 28 Advantages of Sole ...
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