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

Define international business.

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.

How does commerce remove the obstacles in exchange of goods and services?

Why is business ethics considered important?

Dalda Oil Mills produce refined oil. The entire production of oil produced by Dalda Oil Mills is purchased by Raga Oil Depot, who in turn sells it to various retailers. Mrs Aashi purchased 3kg of Dalda oil from Balaji Groceries.
Name the following.

1. Manufacturer ________
2. Wholesaler ________
3. Retailer ________
4. Consumer ________

Why is it necessary to have a partnership deed?

Rohan, a student of business studies, wants to understand the interrelation between industry, trade, and commerce. Help him.

Why is business considered as economic activity?

Which hindrance of commerce is highlighted in the following activities?
i. It removes the geographical separation between producers and consumers.
ii. Warehousing facilitates holding of goods till they are required.
iii. Advertising informs the consumers about the goods and services available in the market.
iv. Trade provides an organised market where buyers and sellers can contact each other.
v. Banking and Financing Institutions provide necessary funds to carry on business activities.
vi. There exist a time gap between production and consumption of goods.
vii. Insurance protects the goods in case of damage due to theft, fire, accidents.

Partnership form of business is particularly suitable for certain specific business. Enumerate those business.