Forms of Business Organisation — Business Studies STD 11 Commerce — Question

What role does SIDBI play in promoting SSIs?

List different types of finance.

About 6 billion passengers travel in Indian Railways each year. If anyone of us has traveled they will vouch for the fact that currently the availability of quality food in Indian Trains is something not to be excited about. Travelkhana solves this very problem for the railway passenger.

It offers a variety of choices to a railway passenger so that the passengers can order food as per their liking and at their price point while they are travelling. The Travelkhana automated platform tracks trains in real time across India and ensures that fresh food is delivered to the passenger as per their choice in real time. It also helps vendors and restaurants in terms of effective and efficient fulfillment. Additionally, it completes an entire fulfillment cycle right from the point of ordering to Delivery, Customer feedback and Reconciliation. What is most exciting is that railway passengers are served fresh food thanks to the patented technology behind Travelkhana? Travelkhana was started by Mr. Pushpinder Singh.

On the basis of the given information about Travelkhana, answer the following questions:

(a) Identify the types of industry being discussed in above case.

(b) What values are being exhibited by the above business?

Give the features of business ethics.

A company insures its stock against fire for Rs. 15 Lakh. A fire broke down and the total stock was lost. At the time of fire there was stock worth Rs. 25 Lakh. What is the value of compensation company would be entitled to ?

Explain all the documents used in export procedure.

Ramesh is a software professional working in a software development company located at Hyderabad. He has a saving bank account with the State Bank of India but he has not opted for e-Banking. His family members are residing in Delhi. Ramesh's father asked him to send 4,50,000 at the earliest. His father has a saving bank account with Bank of Baroda.

Explain Ramesh the method he should adopt for sending money as early as possible.

Differentiate between international trade and international business.

A factory owner took a fire insurance policy for his factory from New India Assurance Company by hiding the fact that the electricity board has issued him statutory warning letter to get his factory wiring changed at the earliest. Later on, the factory catches accidental fire due to short circuit in the electric board.

Explain the principle of insurance violated in this situation.

Why did WTO establish? What are its objectives?