Word of the day - "Slouch" | CBSE Class 7 | Radhika Mam #shorts #ytshorts #youtubeshorts

Radhika and vani whoa are young fashion designers left their job with a famous fashion designer chain to set-up a company 'Fashionate Pvt.Ltd. ' They decided to run a boutique during the day and coaching classes for entrance examination of National institute of fashion designing in the evening. For the coaching centre they hired the first floor of a nearby building. their major expense was money spent on photocoping of notes for their students. they thought of buying a photocopier knowing fully that their scale of operations was not sufficient to make full use of the photocopeier. In the basement of the building of Fashionate Pvt. Ltd.' Praveen and Ramesh were carrying on a printing and stationery business in the name of 'Neo Prints Pvt.Ltd'. Radhika approached Praveen with the proposal to buy a photocopier jointly which could be used by both of them without making separate investment ,Praveen agrred to this. Identify the factor affecting fixed capital requirements of 'Fashionate Pvt. Ltd.'

Radhika Priya Dasi opened a boutique along with four workers . No problem of any type was faced in opening the boutique . At her boutique special dresses made for marriages and parties are sold . Despite there being a lot of competition in the market , the boutique was earning a good profit . Since all the profit went into her pocket , Radhika Priya Dasi was increased from 4 to 6 by her . All of them were happy since the business was running successfully . Unfortunately , one day the boutique caught fire due to a short circuit . Consequently , Radhika Priya Dasi had to suffer a heavy loss . The circumstances deteriorated so much that she had to dispose off her personal properties to repay the boutique's debts. In order to revive the boutique, she approached a bank which did not extend a long-term loan to her . (a) Identify the form of business organisation discussed in the above para . (b) Explain any three merits of the form of business organisation identified in (a) by quoting the lines from the above para . (c) Also explain any two limitations of the form of business organisation identified in (a) by quoting the lines from the above para .