Questionnaire method is used for collecting primary data. The questionnaire is the main instrument for collecting data in survey research. Basically, it is a set of standardized questions, often called items, which follow a fixed scheme in order to collect individual data about one or more specific topics. Sometimes questionnaires are confused with interviews.

Registration of a partnership is voluntary. In India, there is no need to register a partnership deed. This is the short answer, as specified under part VII of the Indian Partnership Act, 1932.

The authority is decentralized in democratic style. Decentralization also aims at an economic and political system that responds more closely to people's preferences and requirements.

The managerial grid consist of 81 possible leadership styles. Mouton, the Managerial Grid Model helps Managers to analyze their own leadership styles through a technique known as grid training. Also, Managers can identify how they with respect to their concern for production and people with Managerial Grid Model.

The most important advantage of a joint stock company form of business organization is that members can conveniently transfer their shares. The shares of a company are transferable. Also, in the case of a listed public company they can also be sold in the market and be converted to cash.

In the co-operative organization, the voting rights of members are equal, irrespective of amount of capital contribution.

Localized materials are available at certain places.

The Era of Scientific management is 1880 - 1932.

If a general manager asks the sales manager to recruit some salesman on his behalf, it is an instance of Delegation of authority. Delegation of authority can be defined as subdivision and sub-allocation of powers to the subordinates in order to achieve effective results.

Co-ordination is regarded as the essence of management. In other words, Co-ordination affects Planning, Organising, Staffing, Directing, Communication, Leading, Motivating and Controlling.

When at least 51% shares are in the hands of government, it is called as government company.

Shares traded through stock exchanges are called secondary market. This is the market wherein the trading of securities is done. Secondary market consists of both equity as well as debt markets.

The financial market for short term funds is known as money market. Money market trades in short-term financial instruments commonly called "paper". This contrasts with the capital market for longer-term funding, which is supplied by bonds and equity.

Security merchants dealing in shares, independent operators are called Jobber. They buy and sell securities on their own behalf and try to earn through price changes. Jobbers cannot deal on behalf of public and are barred from taking commission.

External oral communication is passed on with the help of Telephone mechanical device.

Franking machine is used in bank. The franking machine calculates the correct postage automatically, which includes the Royal Mail discounted cost for franking machine users.

Small scale firms are more flexible in their functioning. These units are more adaptable to their changing business environment.

A large scale firm would be able to reduce its risk by diversifying its products and markets.

Irredeemable Debentures are not redeemable during life time of the company. Non Redeemable Debentures is a reference to a type of debentures that will continue to remain alive in perpetuity. For this reason, such debentures are also called 'perpetual' or 'Irredeemable' debentures. The issuing company does not have any liability to redeem such debentures as long as it is a going concern.

Alphabetical classification classification is based on alphabetical order. Alphabetical filing is a fundamental way to organize documents in both your private and personal life. Filing documents in alphabetical order will allow you and others to find and replace each file quickly.

Listing machine type of adding machine provides a printed record. Under this machine, the grand total of all entries is printed on a sheet of paper after the recording of all entries are over. Thus it gives a printed record of the items and its total.

Intercom system is connected with EBPAX system.

Processing of data through computer is done by its CPU. Data is the raw material to be processed by a computer.

The transitional period in the life of an expanding firm is called ideal firm.

Addressing machine is used to point addresses of the customers or clients on outgoing mail. It is a business machine that automatically imprints names, addresses, or other information on successive envelopes or forms.

Letter tray drawer type of drawer are used to increased desk top work area.

Speculators who apply for shares in new companies and expect to sell them at a premium are called as stag.

The Consumers co-operative societies are started to help lower and middle class people. These societies protect the weaker sections from exploitation by profit hungry businessmen. The society makes bulk purchases directly from the producers and sells these goods to the members on retail basis.

For synthetic type of production line lay out is preferable. Prope layout is one of the keys of success in factory management.

Book index is also called as Abound index. A book index is simply a key to locating information contained in a book. It is also known as back-of-the-book index, as it is mostly found at the end of the book. The words of the Index are sorted Alphabetically.