CBSE Class 12 Entrepreneurship Forms of Business Organisation Worksheet Set B

Read and download free pdf of CBSE Class 12 Entrepreneurship Forms of Business Organisation Worksheet Set B. Download printable Entrepreneurship Class 12 Worksheets in pdf format, CBSE Class 12 Entrepreneurship Forms of Business Organisation Worksheet has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Entrepreneurship Class 12 Assignments and practice them daily to get better marks in tests and exams for Class 12. Free chapter wise worksheets with answers have been designed by Class 12 teachers as per latest examination pattern

Forms of Business Organisation Entrepreneurship Worksheet for Class 12

Class 12 Entrepreneurship students should refer to the following printable worksheet in Pdf in Class 12. This test paper with questions and solutions for Class 12 Entrepreneurship will be very useful for tests and exams and help you to score better marks

Class 12 Entrepreneurship Forms of Business Organisation Worksheet Pdf

FORMS OF ORGANIZATION
 
1 Distinguish between a Joint Stock Company and Joint Hindu Family Business on the basis of liability of its members.
 
2 What is meant by Business? List the different categories in which business activities can be classified.
 
3 Differentiate between ‘Value-Added-Tax’ and ‘Sales Tax’
 
4 Before operationalization of a Hindu Undivided Family Business, its Karta has to fulfill certain legal formalities. Explain any three such legal formalities.
 
5 Rajiv was engaged in toy manufacturing business and was earning good profits. Out of his profits he purchased two houses in a good residential locality. Nilesh, Rajiv’s friend asked him to sell one of his houses to him as Nilesh was in need of the same. Rajiv agreed and sold one of his houses to Nimesh at a good profit.Giving reason in support of your answer state whether the sale of house by Rajiv will be treated as business. State any two essential features of a business.
 
6 State two conditions for existence of Hindu Undivided Family.
 
7 What is PAN (Permanent Account Number)? Why is it required?
 
8 What is meant by partnership? State the consequences of non-registration of a partnership firm.
 
9 List any two categories of persons that are required to obtain registration from ‘Central Excise Department’.
 
10 What is meant by ‘mutual agency of partners’?
 
11 Explain the forms of utilities which are resulted from business.
 
12 Define a Company. When is company form of business suitable?
 
13 Bob, Penny, Honey and Lilly were childhood friends. They studied together till class XII. Bob and Penny became doctors and Honey and Lilly became Engineers. All of them had good earnings. They were creative and innovative and wanted to start a business. Bob and Penny gave an idea to manufacture a machine which would help the surgeons in doing surgery without much blood loss. Honey and Lilly agreed to it, but they were short of capital. They estimated that
approximately Rs.2 crores would be required to finance the project, which would be collected by them from their friends and relatives. They also wanted that their private properties should not be used to pay off the liabilities of the business.
(i) Considering the above facts suggest the suitable ‘type of business organization’ to be formed.
(ii) State any three features of the suggested type of business organization, including the one stated in the above para.
(iii) List any four privileges of this type of business organization.
 
14 Kareem after completing his XII class from his villager school joined the course of electrician in an ITI in a town near his village. On completion of this course, he tried for a government job but could not get the same. He therefore, decided to work as a helper to a renowned electrician of the area. After working with him for 2 years, he decided to start his own electrician shop in the village. For this he purchased equipment of Rs.10,000 and hired a shop at a monthly rent of Rs.2,000. He himself managed the shop.
(a) Identify the kind of business organization set up by Kareem.
(b) State any four characteristics of the identified form of business organization
 
15 Mention the factors affecting the selection of form of Business organization.


Please click on below link to download CBSE Class 12 Entrepreneurship Forms of Business Organisation Worksheet Set B

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Forms of Business Organisation CBSE Class 12 Entrepreneurship Worksheet

The above practice worksheet for Forms of Business Organisation has been designed as per the current syllabus for Class 12 Entrepreneurship released by CBSE. Students studying in Class 12 can easily download in Pdf format and practice the questions and answers given in the above practice worksheet for Class 12 Entrepreneurship on a daily basis. All the latest practice worksheets with solutions have been developed for Entrepreneurship by referring to the most important and regularly asked topics that the students should learn and practice to get better scores in their examinations. Studiestoday is the best portal for Printable Worksheets for Class 12 Entrepreneurship students to get all the latest study material free of cost. Teachers of studiestoday have referred to the NCERT book for Class 12 Entrepreneurship to develop the Entrepreneurship Class 12 worksheet. After solving the questions given in the practice sheet which have been developed as per the latest course books also refer to the NCERT solutions for Class 12 Entrepreneurship designed by our teachers. After solving these you should also refer to Class 12 Entrepreneurship MCQ Test for the same chapter. We have also provided a lot of other Worksheets for Class 12 Entrepreneurship which you can use to further make yourself better in Entrepreneurship.

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