Commerce (English Medium) इयत्ता ११ - CBSE Question Bank Solutions for Business Studies

What are the different parameters used to measure the size of the business?

What is the definition used by the Government of India for small scale industries?

State the features of cottage industries.

What do you understand by a sole proprietorship firm?

Despite limitations of size and resources, many people continue to prefer sole proprietorship over other forms of organisation. Why?

Kiran is a sole proprietor. Over the past decade, her business has grown from operating a neighbourhood corner shop selling accessories such as artificial jewellery, bags, hair clips and nail art to a retail chain with three branches in the city. Although she looks after the varied functions in all the branches, she is wondering whether she should form a company to better manage the business. She also has plans to open branches countrywide.

(a) Explain two benefits of remaining a sole proprietor
(b) Explain two benefits of converting to a joint stock company
(c) What role will her decision to go nationwide play in her choice of form of the organisation?
(d) What legal formalities will she have to undergo to operate business as a company?

The structure in which there is a separation of ownership and management is called

The Karta in Joint Hindu family business has

In a cooperative society, the principle followed is

The board of directors of a joint-stock company is elected by ______.

The capital of a company is divided into a number of parts each one of which is called

The Head of the joint Hindu family business is called

Provision of residential accommodation to the members at reasonable rate is the objective of

A partner whose association with the firm is unknown to the general public is called

Choose the correct option for the following:
e-commerce does not include

Choose the correct option for the following:
The payment mechanism typical to e-business

Choose the correct option for the following:
It is not an application of e-business

State any three differences between e-business and traditional business.

Describe briefly any two applications of e-business.