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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.
| 3001. |
Explain the meaning of unlimited liability. |
| Answer» | |
| 3002. |
What is retained earning in short form |
| Answer» The portion of profits of a\xa0business\xa0that are not distributed as dividends to shareholders but are reserved for reinvestment back into business is called Retained Earnings (RE).\xa0Retained Earnings\xa0(RE) = Beginning RE + Net Income – Dividends. | |
| 3003. |
Enumerate the main features of whole sale trade |
| Answer» | |
| 3004. |
Meaning for social responsibility |
| Answer» \tEconomic responsibility : Basically, a business enterprise is an economic institution. Therefore, its primary responsibility is to produce the goods and services according to the demands of the society and to earn profit.\tLegal responsibility : The responsibility of every business is to carry out business activities within the laws of the country. Since these laws are meant for the good of the society, a law abiding enterprise is a socially responsible enterprise as well.\tEthical responsibility: This refers to the behaviour of the firm expected by the society but not defined by law. For example, respecting the dignity of employees etc.\tDiscretionary responsibility: These obligations are assumed by the enterprises voluntarily. For example: Donation to charitable institutions, helping the affected people during floods, earthquakes, etc. The management of the company is responsible to safeguard the capital investment by avoiding speculative activities and investing the money in healthy business ventures to get good returns. | |
| 3005. |
Question paper format |
| Answer» | |
| 3006. |
explain the function of commercial banks with an example of each |
| Answer» The main functions of banks can be study under two broad categories :\xa0(a)\xa0Primary functions.(b) Secondary functions or subsidiary functions.Primary functions :1.\xa0Acceptance of Deposits : Accepting of deposits from the public is the most important function of bank. It takes the savings and surplus of people. Banks provide a safe custody of the deposited cash. Depositors can easily transfer money and can make the payments through cheques.Banks provide an attractive rate of interest on their deposits. There are various types of deposits which can be opened in the bank like Fixed Deposit. Savings Deposit and Current Deposit.2.\xa0Making Loans and Advances : It is another equally important functions of bank. Banks accept surplus money of people and provide loans and advances to the needy persons. It is through loans and advances, banks earn profit. Loans and advances are provided through banks in the following forms :(i)\xa0Loan, (ii) Overdraft, (iii) Cash credit, (iv) Discounting of bills and exchange.(i) Loan : Loan is a lumpsum advance made by a bank against security or otherwise. In it specified amount is either paid to the customer in cash or is credited in his account. The borrower is required to pay a prefixed rate of interest on the amount of loan from the date of the sanction of the loan.The loan may be refunded in instalment or in lumpsum. Short and medium term loans are provided by commercial banks.(ii) Overdraft: Under this system a current account holder is allowed to overdraw his bank account i.e., he can draw upto a fixed limit more than the balance in his account withdrawal at any time.(iii)\xa0Cash-credit: In cash credit, a customer is given credit upto a definite limit against a surety bond or against other securities. The interest is charged on the amount overdrawn by customer on the daily balance and not on the entire amount of the limit.(iv)\xa0Discounting of Bills of Exchange : Bill of Exchange is a negotiable instrument. It is drawn by the seller and is accepted by the buyer. The drawer has got a facility to discount the bill of exchange before maturity if money is required immediately. The bank discounts the bill and deducts a certain amount as discounting charges and pays the remaining money to the drawer.Secondary functions subsidiary functions can be classified as :(a)\xa0Agency functions(b)\xa0Utility functions.(a)\xa0Agency functions : These are the functions which banks perform as an agent of their customers.1.\xa0Collection of cheques and bills : It collects local and outstation cheques, drafts, bills of exchange, and promissory notes of its customers and credit to their account.2.\xa0Collection of Interest and Dividend : It also collects interest and dividend on debentures and securities held by its customers.3.\xa0Purchase and sale of securities : On instructions from its customers banks purchase or sell stock securities, debentures, bonds etc.(b)\xa0Utility functions : Banks provide the following utility or miscellaneous functions :1.\xa0Safe custody of customers\' valuable articles and securities : Some banks provide the facilities of lockers where on nominal rent a customer can keep its valuable articles such as ornaments, jewellery etc.2.\xa0Facility of Foreign Exchange : After obtaining a license from the Reserve Bank of India, commercial banks can deal in foreign exchange. The banks can exchange the various foreign currencies and even discount foreign bills of exchange.3. Provide Trade Informations : Banks provide useful trade information to its customer through publishing various journals. | |
| 3007. |
Describe the functions of retailers. |
| Answer» The functions of retailers are as follows :\tFinancing : Retailers provide goods to the consumers on credit basis. This increases the level of consumption and hence the standard of living.\tSupplying market information : Since the retailer is in direct contact with the consumers, he provides information regarding their tastes, preferences and attitudes, etc. to the wholesaler. This information helps them in taking important marketing decisions.\tConvenience in buying : Retailers provide goods to the consumers according to their requirements. Usually, they are situated near the residential areas and remain open for long hours.\tRisk bearing : A retailer has to bear the risk if the change in style and fashion occurs when the goods are stored in large quantities in the warehouses. | |
| 3008. |
Define the term \'wholesaler \'. Explain the functions of a wholesaler |
| Answer» Services provided by wholesalers are as follows:\tBuying and assembling : The wholesaler buys the product from the manufacturer and collects the same at one place and supplies goods to the retailers according to their requirement.\tStorage function : The wholesaler also performs the storage function. The goods are purchased by the wholesalers from the manufacturers and stored at warehouses in order to meet the demand of retailers. The wholesalers act as bridge between the production and consumption of goods.\tBreaking the bulk : The wholesaler purchases goods from manufacturers in bulk and avails discounts. He sells goods in small quantities to the retailers which saves the retailers from maintaining large stocks.\tAdvertisement : A wholesaler undertakes advertising and sales promotion of the product which automatically result in the increase in sales.\tMarket information : Wholesalers inform the retailers about the introduction of new products in the market. He also gets feedback from the retailers about the needs and preferences of customers. He passes the information to the producer to make necessary changes in the products.\tRisk bearing : The wholesalers have to maintain optimum levels of stock in their godowns to meet the demands of the retailer. The retailer’s risk of maintaining godowns, price fluctuations, etc., are\treduced to a great level. | |
| 3009. |
What do you understand by internal trade? Discuss it\'s types in brief. |
| Answer» Internal Trade\xa0When buying and selling of goods and services takes place within the geographical limits of a country. It is known as internal trade.Types of Internal Trade\xa0Internal trade can be classified into two categories.(i) Wholesale Trade\xa0It refers to the trade in which goods are sold in large quantities. The person who carries on wholesale trade is known as wholesaler.A wholesaler provides many valuable services to the manufacturer as well as the retailer.(a)\xa0Services to Manufacturer\tFacilitating large scale production\tBearing risk\tFinancial assistance\tExpert advice\tHelp in marketing function\tFacilitate production continuity\tStorage(b)\xa0Services to Retailer\tAvailability of goods\tMarketing support\tGrant of credit\tSpecialised knowledge\tRisk sharing(ii)\xa0Retail Trade\xa0Retail trade refers to sale of goods in small lots to the final consumers. A retailer buys goods from a wholesaler and sells them to the consumer.(a)\xa0Services to Consumers\tReady or quick supply\tWide variety\tGuiding consumers\tDemonstration and after sale services\tHome delivery\tConvenient location\tCredit facility(b)\xa0Services to Wholesaler and Manufacturer\tReady market\tProviding information\tRisk bearing\tDistribution of goods to distant places | |
| 3010. |
Explain different types of postal services. |
| Answer» Following mail services are provided by the post and telegraph department:(a)UPS (Under Postal Service) : Under it the post office provides a certificate of posting on the payment of prescribed fee.(b)Registered Post: This facility ensures the sender of the mail that in case the mail is not delivered to the adressee, it comes back to the sender.©Parcel Post : Under this facility, the parcels of specified size and weight can be sent across the country as well as outside the country on the payment of parcel charges.(d)Speed Post : Under it, the post & telegraph department guarantees that all the internet mail reveived up to 5 p.m. at the specified post offices will be delivered within 24 hours and if it fails to do so, the extra fee changed will be refunded. | |
| 3011. |
Discuss the main factors and reasons which have forced businessmen to consider their responsibility? |
| Answer» | |
| 3012. |
What type of trade we can do under international business |
| Answer» International trade in\xa0services like travel and tourism, transportation, communication, banking, warehousing, distribution and advertising is a part of\xa0international business.\xa0International business\xa0also includes foreign direct investments, contract manufacturing, and setting up wholly owned subsidiaries etc. | |
| 3013. |
What do you understand by internal trade? Discuss it\'s types in brief? |
| Answer» Internal Trade also known as Domestic Trade is the buying and selling of goods and services within the confines of the international boundaries of a nation. So while import and export are important for the economy of a nation, most of its GDP contribution comes from internal trade.\xa0 | |
| 3014. |
What is meant by partner by estoppel? Explain |
| Answer» A legal, binding partnership that may occur where previously, no formal partnership agreement was in place. A person who exhibits such conduct, or says words which represent, or allow him to be represented, as a partner in any firm becomes liable to any loans or credits that are obtained by the firm. It is also known as the presumption of partnership.<br>The person who accepts that he is a partner in the partnership firm by his own words or conduct is known as partner by estoppel.He is liable for the debts which the firm gets because of his reputation.For example Mr.X is not a partner but he tells Mr.Y that he is a partner in a firm called ABC enterprises.Under this impression Mr.Y sells goods worth rs.10000 to the firm.Later in the firm is unable to pay the amount to Mr.Y.In this case,Mr.Y can recover the amount from Mr.X.Here Mr.X is a partner by estoppel | |
| 3015. |
Explain the concept of business ? |
| Answer» activities involving the production and sales of goods and service undertaken with the motive of earning profit by satisfying human needs in society is called business<br>Business:\xa0An economic activity involving the production and sale of goods and services undertaken with a motive of earning profit by satisfying human needs in society is called business.Characteristics of Business:\tEconomic activity: All business activities are economic activities and are done for the sole purpose of earning money.\tProduction and procurement of goods and services: A business activity involves production or procurement of goods and services. A manufacturer is involved in production, while a shopkeeper is involved in procurement.\tSale and exchange of goods and services for the satisfaction of human needs: Sale and exchange of goods and services is done to satisfy human needs.\tDealing in goods and services on a regular basis: One time dealing in goods or services cannot be termed as a business. The business should happen on a regular basis.\tProfit earning: Profit earning is the fundamental motive of doing a business. Other motives are there but they depend on profit motive.\t\xa0Uncertainty of returns: Returns can never be certain in business activity. This happens because of external factors which are outside the control of the business organization.\tElement of risk: An element of risk is always present in business activity. | |
| 3016. |
What do you mean by business profession and imployment? What are it\'s character and objective? |
| Answer» Business refers to those economic activities, which are connected with the production or purchase and sale of goods or supply of services with the main object of earning profit.Economic activities may be divided into three major categories i.e. (i) Business (ii) Profession (iii) EmploymentBusiness refers to those economic activities, which are connected with the production or purchase and sale of goods or supply of services with the main object of earning profit. People engaged in business earn income in the form of profit.\xa0Profession includes those activities, which require special knowledge and skill to be applied by individuals in\xa0their occupation. Such activities are generally subject to guidelines or codes of conduct laid down by professional bodies. Those engaged in professions are known as professionals. For example, doctors are engaged in the medical profession and are subject to the regulations of the Medical Council of India, the concerned professional body. Similarly, lawyers are engaged in the legal profession, governed by theBar Council of India and Chartered Accountants belong to the accounting profession and are subject to the regulations of the Institute of Chartered Accountants of India.\xa0Employment refers to the occupation in which people work for others and get remunerated in return. Those who are employed by others are known as employees. Thus, people who work in factories and receive wages and\xa0salaries are in the employment of factory owners and are employees of the factory. Similarly, people who work in the offices of banks, insurance companies or government department, as managers, assistants, clerks, peons or security guards are the employees of these organisations. | |
| 3017. |
Notes of ch8 topic concept of cost |
| Answer» | |
| 3018. |
What type of share capital is called risk capital |
| Answer» Equity Share Capital is called as risk capital as equity shareholders have a claim over the residual proceeds of the company. In other words, in the event of winding up they are the last to be paid off after settling the claims of creditors and other external liabilities. In case the funds are insufficient to repay or settle external liabilities, equity shareholders are not paid off any thing instead the uncalled amount may be called up from the them. | |
| 3019. |
the unique feature of retained earnings |
| Answer» It is that earning which is used for mainly those conditions which never be come to your life in the business such as repotation declined to the with the customer | |
| 3020. |
Why is business responsible for environment protection |
| Answer» Because mainly the business corporation is responsible for the pollution.bcoz the business men for earning the profit they maximised the production for more use of the natural resources this may be the effect or reason for responsible to business | |
| 3021. |
Case study on a apple |
| Answer» | |
| 3022. |
Explain the nature and importance of international business. |
| Answer» nature of International Business.(i) Exchange of Goods : It involves purchase of goods and sale of goods. Purchase of goods, from a foreign country is known as import trade and sale of goods to another country is known as ‘export trade’. But when the goods are imported from a country with the objective of exporting them to some other country is known as ‘entrepot trade’.(ii)\xa0Involvement of two countries : International trade is carried on mostly in large quantities both on government to government account and on private account involving individuals and business houses.(iii)\xa0Foreign Currency : Payment for imported goods is made in foreign currency. Similarly, payment for export of goods is received in foreign currency. In India conversion of money is regulated by RBI.(iv)\xa0Restrictions : International business is not as free as international trade. In case of several items, license is also required for import or export many goods are subject to import and export duties.(v)\xa0Lengthy procedure : Because of geographical distance and physical barriers, transport of goods between nations is a difficult and time consuming process. Moreover, permission of appropriate authorities for import and export of goods also take time.(vi)\xa0Language Barrier : Each country has its own language. Because of differences in languages of two countries there may be problem in entering into import and export transactions.(vii)\xa0Risks : International business is exposed to several risks such as fluctuations in the relative price of two currencies, perils of sea, fear of obsolescence etc. | |
| 3023. |
Distinguish between departmental store and chain store |
| Answer» \tBasis of DifferencesDepartmental StoreMultiple shops1.Nature•There is one store with many departments.•There are several shops under this system and the shops are scattered over several places.2.Variety of Goods•Deals in a large variety of goods.•Deals in one commodity.3.Purpose•It provides all types of goods to satisfy all requirements of customers.•They meet only the limited requirements of customers.4.Customers•High class rich people.•Belong to higher and middle income groups.5.Advertisement•It is carried only locally.•The chain stores are organized on a wide scale or on a nation wide basis.6.Window display•Done in an artistic decorative style which is unique.•Done in an identical manner.7.Risk•Risk is more and concentrated on the store.•Risk is divided over all the shops.8.Credit facility.•May be allowed to reputed customers.•All sales are on cash basis.\t | |
| 3024. |
Which are the three trends |
| Answer» The three strongest trends that are shaping business;(i) digitisation —the conversion of text, sound, images, video, and other content into a series of ones and zeroes that can be transmitted electronically,(ii) outsourcing, and,(iii) inter – nationalisation and globalisation.\xa0 | |
| 3025. |
Difference between public company and private company |
| Answer» Chup<br><th>BASIS FOR COMPARISON</th> <th>PUBLIC COMPANY</th> <th>PRIVATE COMPANY</th> \t\t\tMeaningA public company is a company which is owned and traded publiclyA private company is a company which is owned and traded privately.Minimum members72Maximum membersUnlimited200Minimum Directors32SuffixLimitedPrivate LimitedStart of businessAfter receiving certificate of incorporation and certificate of commencement of business.After receiving certificate of incorporation.Statutory MeetingCompulsoryOptional\t | |
| 3026. |
Provide me important questions for business studies class 11 |
| Answer» If anyone need guess Contact me mai wtsapp pe snd karounga6006205908<br>Search it on Google you get it<br>Me also | |
| 3027. |
A ‘third party can be vertical or horizontal ‘explain ? |
| Answer» When a company specialises in a particular operation such as preparation of financial statements and performs this task for various industries in the market. It is referred to as horizontal outsourcing.\xa0While, when a company performs more than one task for other one or two industries in the market. It is referred to as vertical outsourcing.\xa0 | |
| 3028. |
Why there is no need to keep hage quantity of stock in E-commerce ? |
| Answer» | |
| 3029. |
How to make project work on marketing of ice cream |
| Answer» <a href="https://image.slidesharecdn.com/1harinagroup-160208120045/95/business-studies-ice-cream-presentations-2-638.jpg?cb=1454934946" target="_blank" title="Ice-cream is a Frozen Food typically eaten as a snack orde...">.\xa0</a>Ice-cream is a Frozen Food typically eaten as a snack or desert , usually made from dairy Products such as milk, cream and offen combined with fruits or other ingredients and flavors. The meaning of the phrase “ice-cream” various from one country to another one country to another. Phrases such as “ frozen custard’, “Frozen yogurt”, “gelalo” and others are use to distinguish different varieties and styles. Ice-cream can be mass-produced and thus is wildly available in developed parts of the World it can be purchased in large cartons from supermarket and grocery stores.Click on the given link for project:<a data-ved="2ahUKEwiy2M-h9-DtAhVOlEsFHdpxA8UQFjAAegQIARAC" href="https://www.slideshare.net/DeepanshuAgarwal7/business-studies-ice-cream-presentations" ping="/url?sa=t&source=web&rct=j&url=https://www.slideshare.net/DeepanshuAgarwal7/business-studies-ice-cream-presentations&ved=2ahUKEwiy2M-h9-DtAhVOlEsFHdpxA8UQFjAAegQIARAC" rel="noopener" target="_blank">Business Studies Ice cream Presentations - SlideShare</a> | |
| 3030. |
Types of bank account and banks functions |
| Answer» Primary Functions1. Accepting Deposits:\xa0Accepting deposits is the main function of commercial banks. Banks offer different types of Bank accounts to suit the requirements and needs of different customers. Different types of Bank accounts areas follows:A.\xa0Fixed Deposit Account:\xa0Money is deposited in the account for a fixed period is called as Fixed Deposit account. After expiry of specified period ,person can claim his money from the bank. Usually the rate of interest is maximum in this account. The longer the period of deposit, the higher will be the rate of interest on deposit.B. Current Deposit Account:\xa0Current deposit Accounts are opened by businessman. The account holder can deposit and Withdraw money. Whenever desired. As the deposit is repayable on demand, it is also known as demand deposit. Withdrawals are always made by cheque. No interest is paid on current accounts. Rather charges are taken by bank for services rendered by it.C.\xa0Saving Deposit Account:\xa0The aim of a saving account is to mobilize savings of the public. A person can open this account by depositing a small sum of money. He can withdraw money from his account and make additional deposits at will. Account holder also gets interest on his deposit. In this account though the rate of interest is lower than the rate of interest on fixed deposit account.D.Recurring Deposit Account:\xa0The aim of recurring deposit is to encourage regular savings by the people. A depositor can deposit a fixed amount, say Rs. 100 every month for a fixed period. The amount together with interest is repaid on maturity. The interest rate on this account is higher than that on saving deposits.E. Multiple Option Deposit Account:\xa0It is a type of saving Bank A/c in which deposit in excess of a particular limit get automatically transferred into fixed Deposit. On the other hand, in case adequate fund is not available in our saving Bank Account so, as to honour a cheque that we have issued the required amount gets automatically transferred from fixed deposit to the saving bank account. Therefore, the account holder has twin benefits from this amount (i) he can earn more interest and (ii) It lowers the risk of dishonoring a cheque.2.\xa0Lending Money with the help of money collected through various types of deposits, commercial banks lend finance to businessman, farmers, and others. The main ways of lending money are as follows:A.\xa0Term Loans: These loans are provided by the banks to their customers for a fixed period to purchases Machinery. Truck. Scooter. House etc. The borrowers repay the loans in Monthly/Quarterly/Half Yearly/Annual installments.B.\xa0Bank Overdraft: The customer who maintains a current account with the bank, takes permission from the bank to withdraw more money than deposited in his account. The extra amount withdrawn is called overdraft. This facility is available to trustworthy customers for a small period. This facility is usually given against the security of some assets or on the personal security of the customer. Interest is charged on the actual amount overdrawn by the customer.C.\xa0Cash Credit: Under this arrangement, the bank advances cash loan up to a specified limit against current assets and other securities. The bank opens an account in the name of the borrower and allows him to withdraw the borrowed money from time to time subject to the sanctioned limit. Interest is charged on the amount actually withdraw.D.\xa0Discounting of Bill of Exchange: Under this, a bank gives money to its customers on the security of a bill of exchange before the expiry of the bill in ease of customers needs it. For this service bank charges discount for the remaining period of the bill. | |
| 3031. |
Short notes aboutB. St.Chapter - 3 Private, Public and Global Enterprise |
| Answer» PRIVATE SECTOR ENTERPRISESThe private sector consists of business owned by individuals or a group of individuals. The varios forms of organisation are- sole proprietorship, partnership, joint hindu family, cooperative and company.PUBLIC\xa0SECTOR ENTERPRISESMeaning:\xa0The public sector consists of various organizations owned and managed by central or State or by both governments. The govt. participates in economic activity of the country through these enterprises.FEATURES:1. Capital is contributed by central or state or both govts.2. Public welfare or Service is the main objective.3. Management & control are in the hands of govt.4. It is accountable to the public.\xa0For more click on the given link:<a data-ved="2ahUKEwiSo9jZ5ejtAhVGT30KHStlAWcQFjAAegQIAxAC" href="https://mycbseguide.com/blog/private-public-and-global-enterprises-class-11-notes-business-studies/" ping="/url?sa=t&source=web&rct=j&url=https://mycbseguide.com/blog/private-public-and-global-enterprises-class-11-notes-business-studies/&ved=2ahUKEwiSo9jZ5ejtAhVGT30KHStlAWcQFjAAegQIAxAC" rel="noopener" target="_blank">Private, Public and Global Enterprises class 11 Notes ...</a> | |
| 3032. |
Mind maps of business studies of all chapters |
| Answer» | |
| 3033. |
Effect on prices in the absence of effective transport system. |
| Answer» India’s exports of fruits and vegetables have grown in the last three years due to surging demand in Pakistan, Kuwait, Bangladesh, and Sri Lanka. Overall, India’s exports of fruits and vegetables increased to around $1.4 billion in FY2013-14, which is up about 36% from the previous year, according to the Agricultural and Processed Food Products Export Development Authority (APEDA). However, exports could get a significant boost with improvement in storage and transport facilities, say experts. India annually suffers around Rs.550 billion as wastage of fruits and vegetables due to inadequate cold storage, supply chain infrastructure and lack of food processing in agri-sector, according to Dr. Santosh Kumar Sarangi, Chairman and Secretary of APEDA. “Only 2% of fresh fruit and vegetables produced in India, which is their second largest producer in the world are stored in the meagerly available temperature controlled facilities against 85% of the leading economies in the world,” Dr. Sarangi said at recent seminar held by the PHD Chamber of Commerce and Industry in New Delhi. The PHD Chamber expects India’s logistics sector, valued at 13-14% of GDP, to touch $200 billion by 2020. But the sector remains highly fragmented. India currently has 6,300 cold storage facilities with over 3,500 companies in the value chain, but states like Uttar Pradesh and West Bengal account for nearly 65% share of the total capacity. | |
| 3034. |
Difference between short-term finance and long term finance? |
| Answer» Long term finance - long term sources fulfill the financial requirement of an enterprise for a period exceeding five year for example share, debenture ,long term borrowingShort term sources-short term funds are those which are required for a period not exceeding one year trade credit, loans ,from commercial banks and commercial paper are some of the example of the sources that provide funds for short duration | |
| 3035. |
Differentiate between international trade and international business. |
| Answer» International business includes all commercial transactions, private and governmental, between two or more countries. These transactions include sales, investment and transportation.International trade refers to the exchange of goods and services between two or more countries or their nationals. | |
| 3036. |
What preference is given to the preference Share |
| Answer» Right to receive fixed rate of dividend.Right to receive repayment of capital<br>Rate of dividend is given to preference shareholders before equity shares holder s | |
| 3037. |
What is partnership? And its merits |
| Answer» Merits : 1. More funds2. Better and smooth functioning of the business3. Stable decision making<br>It is the organisation which is owned and controlled by the two or more person is known as partnership | |
| 3038. |
In a government company , the government is the major .... |
| Answer» shareholder | |
| 3039. |
visit to a mall |
| Answer» It refers to going to a place where evething is available<br>Yes<br>you mean you want project work on it on topic mall | |
| 3040. |
Business finance features |
| Answer» The requirements of fund by business for operating day to day business activity | |
| 3041. |
What is join venture |
| Answer» A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. | |
| 3042. |
Four essential features of businesses |
| Answer» 1) it is an economic activity.2) it deals in goods and services on regular basis .3) it helps in production and procurement of goods and services .4) it\'s main aim is to earn profit .<br>Main feature is to earn money | |
| 3043. |
project work visit to a mall |
| Answer» if you want this project than search in youtube from name komal ojha | |
| 3044. |
Explain the merits and demerits of auto matic machine. |
| Answer» Kgsidl | |
| 3045. |
What is zero coupon debentures |
| Answer» | |
| 3046. |
Suggest suitable option to solve the financial problem of the restaurant owner |
| Answer» Sell restaurant | |
| 3047. |
Enlist the hindrances in process of exchange of good and services and how they are removed? |
| Answer» | |
| 3048. |
16. State any four types of Banks on the basis of functions. |
| Answer» | |
| 3049. |
Why business finance is known as life of blood |
| Answer» As\xa0blood\xa0is important for body of living beings, similarly\xa0finance\xa0is important forbusiness\xa0to survive. Meet its day-to-day required i.e. for purchasing assets short-term and long-term, for its working capital etc.Thus, it is\xa0known as life blood\xa0of the\xa0business.<br>Business Finance is the life blood of an organization because it is the money which is required to start, daily operations, upgradation and expansion of business. It involves identifying the source of business finance (Debts {Temp. Capital} or Equity {Permanent Capital}) at minimum cost and taking investment decisions (Fixed Capital {Long Term} & Working Capital {Day to day operations}) with minimum risk and highest returns (profits). | |
| 3050. |
What is joint stock company ? |
| Answer» Ans. A company whose stock is owned jointly by the shareholders.<br>It is an artificial person having separate legal entity , perpetual succession and common seal.<br>Joint stock company is an organisation which invites capital from public and they work with main motive of earning profit | |