why there was conflict between the workers and the masters of joint stock company
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why there was conflict between the workers and the masters of joint stock company
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Answer:
Advantages
Since Joint Stock Companies have large financial resources, they are able to undertake large scale production, satisfy needs of more number of consumers, create large scale employment opportunities, promote balanced regional development and contribute substantially to the government by way of taxes.
Disadvantages
(1) Difficult Formation: Unlike a sole proprietorship and partnership, a joint stock company is not easy to form. It has to go through many formalities both at the time of formation and in the course of operation.
Explanation:
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