Business, Trade and Commmerce — Business Studies STD 11 Commerce — Question

What is the definition used by Government of India for Small Scale Industries?

Write a short note on Vending Machines.

What is the meaning of ‘Certificate of Incorporation’?

Give the implications of the feature 'Separate legal entity' for a cooperative society.

Arnav is working as sales executive in XYZ Limited Company. He is getting ₹ 40,000 per month. His job is to enhance the sale of a company. Identify which type of economic activity is highlighted in the case and state some of its characteristics.

What purpose is served by wholesalers providing warehousing facilities?

Dhirubhai Chaurasiya operates a textile business. His family is joint and has a lot of ancestoral property. All the 15 family members are a part of this business. He is the eldest male member in the family so he heads the business. He is liable to all the creditors of the business as he is the decision maker. Dhirubhai’s grandson has just born a few days ago and he is also the member of the business. (a) Which form of business is being undertaken by Dhirubhai Chaurasiya ?
(b) Identify the features of this form of business based on the information given.
(c) Textile business is part of which type of industry according to you ?

There are three types of services: Business Services, Social Services and Personal services. Which of the services in your opinion are of utmost importance and why?

Business is a part of society. It must conduct ethical activities. In context to this, explain the meaning of business ethics.

Explain the term FOB.