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Written agreement between all partners partnership correct; deed provisions interest capital drawings as per Act.
Ref: NCERT Accountancy Class XII Chapter 2 Partnership Accounts explains partnership deed interest capital drawings profit appropriation guarantee provisions.
Functional structure marketing correct; 4Ps product price place promotion create value.
Ref: NCERT Business Studies Class XII Chapter 11 Marketing Management covers marketing mix product price place promotion branding packaging decisions.
Divisional organization marketing correct; 4Ps product price place promotion create value.
Ref: NCERT Business Studies Class XII Chapter 11 Marketing Management covers marketing mix product price place promotion branding packaging decisions.
Departmentalisation defines nature significance; management goal-oriented, continuous, pervasive.
Ref: NCERT Business Studies Class XII Chapter 1 Nature and Significance of Management defines management functions characteristics clearly explained.
Easier employee learning defines nature significance; management goal-oriented, continuous, pervasive.
Ref: NCERT Business Studies Class XII Chapter 1 Nature and Significance of Management defines management functions characteristics clearly explained.
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