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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 2051. |
What service provideded to manufacturer by wholesalers |
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Answer» 1. Providing information 2. Financing 3. Storage 4. Distribution facilities 5. Stabilising prices To help in large selling of their product |
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| 2052. |
What is debenturers |
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| 2053. |
Numerical s based on source of finance |
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| 2054. |
What do you mean by cottage industries |
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| 2055. |
What are the diffrent types of werehouses explain each in sentance |
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| 2056. |
One man control is best in the world if that one man is big enough to do everything |
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| 2057. |
What do you mean by margin money |
| Answer» Borrowed money that is used to purchase securities. This practices referred to as "buying on the margin" | |
| 2058. |
Explain in detail BPO |
| Answer» Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider.Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, human resources (HR) or accounting, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain their position in the marketplace.BPO services:-Two categories BPO is often divided into are-Back office outsourcing, which includes internal business functions such as billing or purchasing. Back office outsourcing offers organizations services to help manage tasks like data entry, data management, surveys, payment processing, quality assurance and accounting support. Back office tasks are integral to a company\'s core business process and help keep business running smoothly.Front office outsourcing, which includes customer-related services such as marketing or tech support. Front office outsourcing services deal with customer interactions. Examples of front office tasks include phone conversations, email, fax and other forms of communication with customers.\xa0Pros and cons of BPO:-Advantages of BPO are:-\tsaved money and increased time to focus on the core business.\tSome other benefits include: Speed and efficiencies of outsourced business processes are enhanced\tOrganizations using BPO get access to the latest technology\tFreedom and flexibility to choose the most relevant services for the company\'s operations\tQuick and accurate reporting\tSave on resources related to staffing and trainingDisadvantages of outsourcing business processes include:-\tData privacy breaches\tUnderestimating running costs of services\tOverdependence on service providers\tCommunication issues that delay project completion | |
| 2059. |
What is sole proprietor |
| Answer» Sole proprietor is the only the owner of the business means he is the one who is completely responsible for all the activities of his business and he\'s the only shareholder for the profit of the business and losses of the business | |
| 2060. |
Why the business enterprises should assumes the social responsibility? |
| Answer» In this revolutionizing world every business enterprise is required to assume its Grace social responsibilities for the betterment and the growth of business because if a business enterprise would not take care of it social responsibility then the it would not be able to survive more because in this competitive world every business is required to satisfy its customers by fulfilling its obligations towards the society otherwise the society would give a drastic impact over the business | |
| 2061. |
What is meant by the promotion |
| Answer» In marketing,\xa0promotion\xa0refers to a different sort of advancement. A salespromotion\xa0entails the features - via advertising and/or a discounted price - of a particular product or service. Product\xa0promotions\xa0can also be classified as "sales" or "specials."Customer awareness.\xa0Promotion\xa0refers to the methods used by a\xa0business\xa0to make customers aware of its product. Advertising is just one of the\xa0means\xa0abusiness\xa0can use to create publicity. | |
| 2062. |
Could u pls explain third party or captive unit in outsourcing |
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| 2063. |
Define trade credit and it\'s feature |
| Answer» Trade credit is an important external source of working capital financing. It is a short-term credit extended by suppliers of goods and services in the normal course of business, to a buyer in order to enhance sales. Trade credit arises when a supplier of goods or services allows customers to pay for goods and services at a later date. Cash is not immediately paid and deferral of payment represents a source of finance.The features of trade credit are given below:1. There are no formal legal instruments/acknowledgements of debt.2. It is an internal arrangement between the buyer and seller.3. It is a spontaneous source of financing.4. It is an expensive source of finance, if payment is not made within the discount period.Advantages2. It is an internal arrangement between the buyer and seller.3. It is a spontaneous source of financing.4. It is an expensive source of finance, if payment is not made within the discount period. | |
| 2064. |
Distinguish between a joint Hindu family business and partnership |
| Answer» \tBasisJoint Hindu Family BusinessPartnershipFormationThe business belongs to particular familyQuite easy.MembershipThe basis of memership in the business is birth in a particular family.Any person can became its member. Maximum —2 Maximum —10 Banking firms 20 other firmsLiability of MembersThe liability of Karta is unlimited but the liability of members is limited.Unlimited.ManagementThe business is controlled by the head of the family who is the oldest member and is called Karta.Managed by Partners.SecrecyKarta maintains secrecy.Relatively maintained.SuitabilityIt is a specific form of business fond only in India. It is a type of business which is owned and carried on by the members of HUF.For small and medium sized business.ActIt is governed by the Hindu law.It is governed by Partnership Act 1932.\t | |
| 2065. |
Internal trade means what |
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| 2066. |
Fundamental principle of insurance |
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| 2067. |
What is social responsibility? |
| Answer» Social responsibility is obligation of businessman towards society | |
| 2068. |
What is the role of profit in business |
| Answer» Survival - expansion - reward for bearing risk | |
| 2069. |
What are the demerits of debentures |
| Answer» We have to bear all the losses of the company if any. | |
| 2070. |
What is ecommerce |
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Answer» Doing commerce electronically Doing commerce electronically |
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| 2071. |
Why statutory corporation is necessary |
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| 2072. |
Factor for starting a business |
| Answer» (1) capital (2) labour (3)land(4) owner (5)row material (6) assets | |
| 2073. |
What is full form of MMIDE |
| Answer» MMID full form\xa0is Mobile Money Identifier. | |
| 2074. |
what is a pautenership |
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| 2075. |
Salman khan ki shadii kab hogi |
| Answer» Don\'t know | |
| 2076. |
What do you mean by discounting of bills of exchange |
| Answer» Discounting of BIOS of exchange means collection of cash from bank before due date of bill in discount | |
| 2077. |
Where are notes of chapter 7 Formation of a Company?? In notes section? |
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| 2078. |
Explain the concept of GDR, ADR, IDR and its features |
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| 2079. |
Meaning & function of e-commerce |
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| 2080. |
Why do we call equity share holder as residiant owner |
| Answer» Share holders are called residual owners because they receive whatever is left after all other claims on company\'s income and assets have been settled. | |
| 2081. |
Name some financial institutions. |
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| 2082. |
What is insurance ?difine? |
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| 2083. |
Name any 4 SSI s ? |
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| 2084. |
what is globlelisation? |
| Answer» Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. | |
| 2085. |
What is the effect of incorporation |
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| 2086. |
Explain outsourcing and franchising |
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| 2087. |
What is the main function of BIFR |
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| 2088. |
What is equity share and preference share |
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| 2089. |
Social reponsibility and business ethics i am did not explain properly |
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| 2090. |
What is services |
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| 2091. |
Define internal trade?name two types of internal trade |
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| 2092. |
Business stages of formation of the company in proper order |
| Answer» 1.promotion2.certificate of incorporation 3.capital subscription stage 4.certificate of commencement | |
| 2093. |
Full form of BPO? |
| Answer» Business process outsourcing | |
| 2094. |
What is the peculiar feature of construction industry? |
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| 2095. |
What is karta. |
| Answer» The joint Hindu family business is managed and control by the senior most male member of the family who is called karta | |
| 2096. |
What is Uncertainty of return? |
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| 2097. |
what is indemnity?? |
| Answer» An indemnity is an obligation by a person (indemnitor) to provide compensation for a particular loss suffered by another person (indemnitee). | |
| 2098. |
What is business ethics? |
| Answer» Business ethics mean moral value shows | |
| 2099. |
Who are promoters |
| Answer» A corporate promoter (also "projector") is a person who solicits people to invest money into a corporation, usually when it is being formed. An investment banker, an underwriter, or a stock promoter may, wholly or in part, perform the role of a promoter. | |
| 2100. |
Which certificate is called birth certificate of business? |
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