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

What is the reason behind the existence of business?

Even though MoA is an important document of the company, yet is suffers from certain disadvantages. State those disadvantages.

Why is the government company form of organisation preferred to other types in the public sector?

Anuj and Ahmed are partners in a firm. They admit John as a new partner, who is physically challenged. Anuj asked Ahmed and John to get the firm registered. But Ahmed and John didn't agree and said that the registration procedure will involve lot of formalities.
If you are Anuj, how will you convince them to get the firm registered?

In early 2005, Vivek and his wife Sangeeta co-founded Brickwork India with an idea to provide the benefits of outsourcing available to individuals and small to mid-sized companies by providing simple to complex business assistance, at an affordable price. To make this idea a reality, they pioneered the unique concept of Remote Executive Assistance (REATM) with a two-fold mission. One to enable large enterprises optimize their executive's time by freeing them up from routine and non-core tasks, by providing customized and personalized services. Secondary to set-up a platform for all global enterprise and they provide a range of research solutions, to diversify the business, reach out to the customers, plan the online and social media strategy, present your business idea to attract investors, improve the supply chain management, enter.
On the basis of the given information about Brickwork India, answer the following questions:
(a) Name the service which is offered by Brickwork India.
(b) How is the service identified in part (a) above different from BPO.

There is a group discussion taking place in Class XI regarding Social Responsibility of Business. Vineet feels that a business should be socially responsible towards the society as it exists in the society while Ramesh is against it as the basic objectives of a business is to earn profit.
Justify Ramesh's view point by giving four arguments.

Name the business which are suitable to sole proprietorship form of organisation.

Rajesh Sachdeva insured his factory for ₹45 lakhs against fire. Due to fire, he suffered a loss of stock worth ₹24 lakhs.

How much amount can he recover from the insurance company? Why? State the relevant insurance principle in this regard.

Why is there more scope for small scale industries in developing countries like India?

Discuss some of the steps taken by the government to address the problem of pollution generated by industries.