BC220415117: SYEDA LAIBA SHAH Time Left 90 sec(s) MGT211 - Introduction To Business (Quiz 01) Quiz Start Time: 10:35 PM, 24 April 2024 Question # 5 of 10 ( Start time: 10:39:04 PM, 24 April 2024 ) Total Marks: 1 In which type of business, Government gives the financial assistance? Select the correct option Co-operative society Partnership Joint stock company None of the given options
Question
BC220415117: SYEDA LAIBA SHAH Time Left 90 sec(s) MGT211 - Introduction To Business (Quiz 01) Quiz Start Time: 10:35 PM, 24 April 2024 Question # 5 of 10 ( Start time: 10:39:04 PM, 24 April 2024 ) Total Marks: 1 In which type of business, Government gives the financial assistance?
Select the correct option
Co-operative society
Partnership
Joint stock company
None of the given options
Solution
The correct option is "Co-operative society". In a co-operative society, the government often provides financial assistance. This is because co-operative societies are typically formed by individuals with common interests and are often focused on providing services to their members rather than making a profit. As a result, they may qualify for certain types of government assistance.
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