NCERT Class 11 Business Studies Sources of Business Finance
EXERCISES Multiple Choice Questions Tick the correct answer out of the given alternatives 1. Equity shareholders are called (a) Owners of the company (b) Partners of the company (c) Executives of the company (d) Guardian of the company 2. The term ‘redeemable’ is used for (a)…
NCERT Class 11 Business Studies Social Responsibilities of Business And Business Ethics
EXERCISES Multiple Choice Questions 1. Social responsibility is a. Same as legal responsibility b. Broader than legal responsibility c. Narrower than legal responsibility d. None of them 2. If business is to operate in a society which is full of diverse and complicated…
NCERT Class 11 Business Studies Small Business
EXERCISES Short Answer Questions 1. What are the different parameters used to measure the size of business? 2. What is the definition used by Government of India for Small Scale Industries? 3. How would you differentiate between an ancillary unit and a tiny unit? 4. State the…
NCERT Class 11 Business Studies Private Public and Global Enterprises
EXERCISES Multiple Type Questions 1. A government company is any company in which the paid up capital held by the government is not less than (a) 49 per cent (b) 51 per cent (c) 50 per cent (d) 25 per cent 2. Centralised control in MNC’s implies control exercised by (a)…
NCERT Class 11 Business StudiesBusiness Trade and Commerce
EXERCISES Multiple Choice Questions 1. Which of the following does not characterise business activity? (a) Production of goods (b) Presence of risk and services (c) Sale or exchange of (d) Salary or wages goods and services 2. Which of the broad categories of industries…
NCERT Class 11 Business Studies International Business II
EXERCISES Multiple Choice Questions 1. Which of the following documents are not required for obtaining an export license? a. IEC number b. Letter of credit c. Registration cum d. Bank account number membership certificate 2. Which of the following documents is not required in…
NCERT Class 11 Business Studies International Business I
INTERNATIONAL BUSINESS - I 11.1 INTRODUCTION Countries all over the world are undergoing a fundamental shift in the way they produce and market various products and services. The national economies which so far were pursuingthe goal of self-reliance are now becoming…
NCERT Class 11 Business Studies Internal Trade
INTERNAL TRADE 10.1 INTRODUCTION Trade refers to buying and selling of goods and services with the objective of earning profit. Mankind has been engaged in trading, in some form orthe other, since early days of civilisation. The importance of trade in modern times has…
NCERT Class 11 Business Studies Forms of Business Organisation
FORMS OF BUSINESS ORGANISATION 2.1 INTRODUCTION If one is planning to start a business or is interested in expanding an existing one, an important decision relates to the choice of the form of organisation. The most appropriate form is determined by weighing the advantages and…
NCERT Class 11 Business Studies Formation of a Company
FORMATION OF A COMPANY 7.1 INTRODUCTION Modern day business requires large amount of money. Also, due to increasing competition and fast changing technological environment, the element of risk is increasing. As a result, the company form of organisation is being preferred by…
NCERT Class 11 Business Studies Emerging Modes of Business
EMERGING MODES OF BUSINESS 5.1 INTRODUCTION The way business is done has undergone fundamental changes during the last decade or so. The manner of conducting business is referred to as the ‘mode of business,’ and, the prefix ‘emerging’ underlines the fact, that these changes…
NCERT Class 11 Business Studies Business Services
BUSINESS SERVICES 4.1 INTRODUCTION You must all have, at some time or the other experienced the effect of business activities on your lives. Let us examine few examples of business activity i.e., purchasing ice cream from a store and eating ice cream in a restaurant, watching…
NCERT Class 12 Business Studies Staffing
STAFFING Introduction The foundation of any organisation is the talented and hardworking people, who are the principal assets of anyfirm. It is an established fact that the growth of an organisation requires the continual infusion of quality staff. Thus, adequate staffing or…