Small Business — Business Studies STD 11 Commerce — Question

State some unethical practices followed by a business.

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?

Enumerate the features of retail trade.

Write short notes on different types of marine insurance.

About 6 billion passengers travel in Indian Railways each year. If anyone of us has traveled they will vouch for the fact that currently the availability of quality food in Indian Trains is something not to be excited about. Travelkhana solves this very problem for the railway passenger.

It offers a variety of choices to a railway passenger so that the passengers can order food as per their liking and at their price point while they are travelling. The Travelkhana automated platform tracks trains in real time across India and ensures that fresh food is delivered to the passenger as per their choice in real time. It also helps vendors and restaurants in terms of effective and efficient fulfillment. Additionally, it completes an entire fulfillment cycle right from the point of ordering to Delivery, Customer feedback and Reconciliation. What is most exciting is that railway passengers are served fresh food thanks to the patented technology behind Travelkhana? Travelkhana was started by Mr. Pushpinder Singh.

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

(a) Identify the types of industry being discussed in above case.

(b) What values are being exhibited by the above business?

What is the major reason underlying trade between nations?

What do you understand by qualification shares?

Infosystem Ltd. is a global leader in technology services. The company enable clients in 45 countries to create and execute strategies for their digital transformation. The company officials follow the vision of "reaching new heights with its people on its side". It not only provides quality products but also provides various facilities to its employees for five years of service. While Infosystem Foundation in India creates opportunities for the underprivileged and strives to build a more equitable society.
On the basis of the given information about Infosystem Ltd., answer the following questions:
(a) Is Infosystem Ltd. following business ethics? Also define business ethics.
(b) Identify the interest groups towards which business is fulfilling its social responsi bilities?

Which were the various merchant corporations that existed in India during medieval period?

Explain the concept of mutual agency in partnership with suitable example.