InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your Class 11 knowledge and support exam preparation. Choose a topic below to get started.
| 2701. |
Explain bills of exchange with respect to international business |
| Answer» | |
| 2702. |
Brifly explain the term voluntery association |
| Answer» | |
| 2703. |
What is business risk? What is its nature? |
| Answer» The uncertainity or uncertain events that occurs in business leads to business risk. Its nature us higher the risk higher the profit lower the risk lower the profit.<br>It is uncertanity of future and chances of losses in future.Higher the risk higher the chances of profit | |
| 2704. |
What are the internal and external barriers of business? |
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| 2705. |
What is the meaning of business |
| Answer» A type of economic activity which provide peoples an opportunity to work and earn living.<br>Sorry Aa_M_lii,i am not agree with you .business always have a single focus on single objective but busy ness is have multiple objectives<br>It is a economic activity which includes buying and selling if of commodity in continuing dealing<br>The word business means to \'remain busy\' with the production distribution , sale of goods and services. Led to fulfill the wants of people | |
| 2706. |
Basic concepts of business with explaination |
| Answer» Obtaining profit and providing employement.<br>Money concentration concept | |
| 2707. |
Explain about the development of commerce |
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| 2708. |
Sole proprietorship is said to be the simplest establish. Why? |
| Answer» Because there is less of legal formalities and no need of registeration | |
| 2709. |
Explain the position of Indian subcontinent in world economy |
| Answer» Ha | |
| 2710. |
Plz send a list of project of business studies for 11 |
| Answer» | |
| 2711. |
What is a business? What is its concept and characteristics |
| Answer» Business is an economic activity carried on by a few or more individuals to produce, buy or sell goods and services that satisfy human needs and help in earning income.An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors. A business concept may involve a new product or simply a novel approach to marketing or delivering an existing product. Once a concept is developed, it is incorporated into a business plan.Business characteristics are:--1. Business is an economic activity2. objective of earning money3. production or procurement of goods and services4. Sale or exchange of goods and services for the satisfaction of human needs5. Dealing in goods and services on a regular basis6. Earn profits7. Uncertainty of return8. Element of risk. | |
| 2712. |
Indigenous Banking system |
| Answer» | |
| 2713. |
What is common seal |
| Answer» Common seal : The company being an artificial person acts through its Board of Directors. The Board of Directors enters into an agreement with others by indicating the company’s approval through a common seal. | |
| 2714. |
Five commercial cities of the ancient India |
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| 2715. |
Basic concept of commerce |
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| 2716. |
What is the difference between liability and credit |
| Answer» Thanks<br>Liabilities are obligation or debt that can enterprises has to pay after sometime in the future.<br>Liability is the money which is pay by business. Current Liabilities are those which paid within the year For ex.Short Loan,Bill payable. Non Current Liabilities are those which money paid after time period.For ex.Long loan .. Credit are those Who take Loan from Debitor(seller) | |
| 2717. |
Differentiate between trade , commerce and industry. |
| Answer» Trade:- it refers to sale transfer of exchange of goods and services. Traders act as a link between the manufacturer and the consumerCommerce :- it refers to all those activities which help directly aur indirectly in the distribution of goods to the ultimate consumerIndustry :- it refers to an economic activity which is concerned with conversion of resources into useful goods | |
| 2718. |
Write a brief note on the trading communities in ancient India |
| Answer» 1) There were many kinds of traders. These included the Banjaras. Several traders especially horse traders, formed associations, with headmen who negotiated on their behalf with warriors who bought horses2) Since traders had to pass through many kingdoms and forests, they usually travelled in caravans and formed guilds to protect their interests. There were several such guilds in South India from 8th century onwards – the most famous being Manigramam and Nanadesi.3) These guilds traded extensively both within the peninsula and with South west Asia and China. | |
| 2719. |
Define economic activities. How do they differ from non-economic activities? Give examples. |
| Answer» Economic activeties are those activities which are performed with a purpose of earning profit.ex-bussineed,trading hoapitals etcNon economic activities are those activities which are performed for social welfare like food prepared by mom at home,helping poor child etc. | |
| 2720. |
1)State any two characteristics of business2) briefly describe physical cause of business risk |
| Answer» List any five major commercial cities of ancient India? | |
| 2721. |
What is the meaning of assets |
| Answer» Asset is\xa0an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.<br>Anything which is in possesion or property of business enterprise include the amount due from others is called an assets ex. Debtots; furniture<br>Assets is the sources which benefits the future. | |
| 2722. |
Definition of business |
| Answer» A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.<br>Business is considerd as a economic activ which involve purchase prpduction and sale of good and services with a view of earning profit by satisfying the needs of the society | |
| 2723. |
Explain the meaning and characteristics of business |
| Answer» Meaning of characteristic of business is: branches of business<br>Business is a term of busy ND ness\xa0Means when a person busy in some economic activities is businessCharacter -economic activity profit motivExachnge of goods risk uncertainty\xa0<br>Characteristics of business are as follows*economic activity*profit earning*sales and exchange of goods and services*production and procurement of goods or services*uncertainty*risk | |
| 2724. |
Join stock company |
| Answer» | |
| 2725. |
Explain any three majors trade centres in india? |
| Answer» Varansi delhi and ahemdabad | |
| 2726. |
How many types of bank emerged due to increased commercial activities? |
| Answer» | |
| 2727. |
Profit maximisation is not the sole objective of business.comment |
| Answer» ????? | |
| 2728. |
Yar kisi ko business studies ka 1st chapter ke liya nice video bta hai |
| Answer» | |
| 2729. |
Features of a modern bussiness |
| Answer» - business is an economic activity - production or procurement of goods and services- sales or exchange of goods and services - dealing in goods and services on a daily basis - profit earning- uncertainty of return - element of risk | |
| 2730. |
Notes of nature and purpose of business |
| Answer» | |
| 2731. |
List the factors that help is selecting a suitable form of organisation |
| Answer» Chapter 1 starting a business - basis factors | |
| 2732. |
Difine servival |
| Answer» Survival is\xa0the state or fact of continuing to live or exist, typically in spite of an accident, ordeal, or difficult circumstances. | |
| 2733. |
Describe economic activities and its object? |
| Answer» Economic activities are broadly grouped as Primary activities, Secondary activities, Tertiary activities and Quaternary activities.\tPrimary Activities: It refers to extraction/utilisation of raw materials from the earth\'s surface. These include hunting, gathering, pastoralism, fishing, forestry, mining and agriculture.\tSecondary Activities: It includes industries that transform raw materials into finished foods having higher value. For example, manufacturing cotton textiles from raw cotton, and iron and steel from iron ore.\tTertiary Activities: It includes all kinds of services provided for the people such as education, health, trade and transport.\tQuaternary Activities: It represents special kind of services, which is related to highly intellectual activities. For example, research and development service, information generation, information processing and transmission. | |
| 2734. |
Define economy activities? |
| Answer» Economic activity is that activity which is done as the main purpose of earning money<br>Economic activity is the activity which is undertake in with objective for earning money<br>Economics activity means those activity which is done for money | |
| 2735. |
Define business risk |
| Answer» It refers to the possibility of inadequate profits or even losses due to uncertainties or unexpected events<br>Unlimited liberty | |
| 2736. |
Is life insurance is an investment |
| Answer» No | |
| 2737. |
Unexpected increse in competition relates to ehich type of cause of business risks |
| Answer» Speculative risk | |
| 2738. |
Explain the economic objectives? |
| Answer» Survival, profit and growthFirstly business has to survive once the business survive than it automatically business gave profit than with the profit we u can grow ur business | |
| 2739. |
Name the economic activity in which specialized knowledge is required |
| Answer» Profession is that economic activity in which specialised knowledge is required<br>Profession<br>Profession | |
| 2740. |
How business Risk is created? |
| Answer» Business risk 1 natural risk 2 human risk 3 economic risk | |
| 2741. |
list professions , professionals and professional bodies |
| Answer» | |
| 2742. |
What do you mean by partnership deed |
| Answer» Partnership deed is a legal document, signed by all the partners,\xa0which contains the terms and conditions of the\xa0partnership agreement.<br>Partnership deed is a written or oral agreement among the partners of a firm , which states their working and rules and regulations(ratio of sharing profits or losses etc.) | |
| 2743. |
What are the various factor that need to be considered before starting a business |
| Answer» 1Location of the business 2Ownership of the business 3Plant layout 4Financial and banking 5nature of the business<br>Location of the business | |
| 2744. |
How many differences are in ch-sources of business finance |
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| 2745. |
Pyramid of heirady in business management. Is getting flfterd |
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| 2746. |
Case study in public and private sector |
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| 2747. |
Meaning of sole proprietorship |
| Answer» A Sole proprietorship can be explained as a kind of business or an organization that is owned, controlled and operated by a single individual who is the sole beneficiary of all profits or loss, and responsible for all risks. It is a popular kind of business, especially suitable for small business at least for its initial years of operation. This type of businesses is usually a specialized service such as hair salons, beauty parlors, or small retail shops. | |
| 2748. |
Pls give poona ghandhi question then i will pay 1000 per month |
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| 2749. |
What is one person company and also state its merits and limitations |
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| 2750. |
Dicuss whether the sole proprietorship involves lengthy expensive procedures for its formation |
| Answer» No, in sole proprietorship business hardly any legal formalities are required. | |