BUSINESS STUDIES Nature and Purpose of Business Types of Human Activities Types of Economic Activities. Concept of Business Characteristics or Features of Business Classification of Business Activities Industry Types of Industries Primary Industry Classification Secondary Industry Classification Classification of Trade Objectives of Business Economic Objective Social Objective Concept of Business Risk Types of Business Risk Causes of Business Risk Forms of Business Organisation Sole Proprietorship Firm Merits of Sole Proprietorship Firm Demerits of Sole Proprietorship Firm Joint Hindu Family Business Characteristics/Features of Joint Hindu Family Business Inheritance under Joint Hindu Family Business. Compare the status of minor in Joint Hindu Family Business with that in partnership firm? If registration is optional, who do partnership firm willingly go through this legal formality and get themselves registered? Explain. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Google+ (Opens in new window)Like this:Like Loading...