Sources of Business Finance — Business Studies STD 11 Commerce — Question

What is the need of outsourcing in today's era of competition?

List some professions, professionals and their professional bodies.

Explain all the documents used in export procedure.

Give two examples of expenditure that are made, each in the case of the given period.

1. Short-term.
2. Medium-term.
3. Long-term.

Write short notes on different types of marine insurance.

From social welfare point of view, which type of organization is most desirable from employment generation point of view?

Business ethics have gained great importance in the world of business. In respect to this, state what relevance does ethics have towards business?

Explain the principle of "One Man One Vote."

Suppose your friend wants to commence business but he finds difficulty in making the choice of form of business organisation. In context to this how would you help him?

Ramakant is a successful businessman who is engaged in manufacturing of auto spare parts. The products manufactured by him are sold not only in India, but are also exported to various countries like Singapore, Switzerland, Belgium, etc. On the basis of given case, answer the following questions:
a. Identify the two kinds of business in which Ramakant is engaged.
b. Differentiate between the two types of business as identified in part (a) of the question