Tom Monaghan, the founder of Domino's Pizza, had a tough childhood, was raised in orphanages and foster homes. In 1960, Monaghan and his brother Jim BORROWED $ 900 and bought a foundering Pizzeria in Ypsilanti, Michigan. Jim left within the year, but Tom hung on, surviving two near - bankruptcies and a fire. Monaghan worked eighteen hours a day seven days a week, whole heartedly making" Domino's Pizza "A GIANT MNC world over a household name. Started the firm alone and today a MNC, a long successful journey of 'one big man'. Identify the form of business organisation started by Tom.

Sole proprietorship Partnership Private company Public company

Sole proprietorship

One of the oldest, simplest and most commonly used forms of business organization which is owned financed, controlled and managed by only one person is called as sole proprietorship, single entrepreneurship or Individual proprietorship.