International Business-I — Business Studies STD 11 Commerce — Question

What do you mean by preference shares? Discuss its various merits.

Explain briefly the relevance of the Certificate of Incorporation.

Shivam Enterprises is a leading manufacturer of Home Security Equipments and its products enjoy a very good reputation in the Indian market. Encouraged by this, Kartik (owner of the firm) is thinking of expanding the work to foreign territories also. Kartik wants to export the security equipment to Europe. So, he consulted Abhay, one of his friends, who is actively involved in the export and import of goods. Abhay told Kartik that the export of goods requires a special 'Procedure'. Abhay also explained the advantages and disadvantages of the International business to Kartik.
a. Discuss the procedure which is required to be followed by Kartik for the export of goods.
b. Also, discuss the various advantages and disadvantages of the International business to Kartik.

State the meaning of business.

Kavya is a female. Her grandfather deals in the business of garments and her father is the member of the same. She is the only daughter of her parents. Is she eligible to enter her family business? Comment.

Classify the following into primary, secondary and tertiary industries.

1. Farming.
2. Banking.
3. Sugar Industry.
4. Warehousing.

What is the purpose of NABARD?

Shiela after graduating from college went back to her home town in Meghalaya. It was a small town with very few job opportunities. The Karbi tribal women in that area were uneducated but still practiced the method of obtaining traditional colours from natural wild herbs. Their most popular dye was indigo obtained from the leave called 'sibu'. Using these colours they added variety to their textiles. The women were mainly confined to their homes and they did not know how to make a living out of their talent. Shiela went from door to door and analysed the problem that existed. She thought of setting up a business of buying textiles from them and converting them to suits in her factory in Noida. Her business turned out to be a great success.

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

(a) Identify the type of business activity Shiela is engaged in.

(b) Specify the category of the type of business activity performed by Shiela.

(c) Which type of business activity is undertaken by Karbi tribal women by getting indigo obtained from the leave called 'sibu'?

Classify, on the basis of size, the business enterprises.

Aniket after doing his fashion designing course, started an export business in the form of a private company along with his uncles Mr. Manish and Mr. Rajnish. They helped him to assemble resources, prepare necessary documents, give a name and perform various other activities to get a company registered and obtain the necessary certificate enabling the company to commence business. Later on, he came to know that Mr. Manish had forged the signatures of Mr. Rajnish on the Memorandum of Association. He is now fearing that the Incorporation of the company will be considered invalid.
On the basis of the given information, answer the following questions:
(a) What will Aniket, Manish and Rajnish be called as?
(b) According to you, will the incorporation of the company be considered as invalid? Why or why not?