71 How objectives in the context of management can be defined?

The end result, which an organization tries to attain

72 What are the two key factors in ‘management by objectives?

Democratic goal-setting and verifiable objectives

73 In an informal organization the structure is not prescribed by

The formal authority

74 How planning and control are related?

Both go hand-in-hand with each other in a cyclical manner

75 For a private company it is necessary that it must have at least

Two (2) members

76 A Special Resolution in general meeting is passed by

Three-fourth majority of votes

77 Who can issue a share warrant?

Public companies only

78 The minimum number of shareholders necessary for  a public company are

Seven (7)

79 What does the share capital of a company means?

Equity and preference share capital

80 An agreement concluded by a minor which is beneficial to him/her is a

Valid contract