Commerce (English Medium) Class 11 - CBSE Question Bank Solutions for Business Studies

Explain any two business activities which are auxiliaries to trade.

Why is partnership considered by some to be a relatively unpopular form of business ownership?

Explain the merits of partnership.

Explain the limitations of partnership.

In which form of organisation is a trade agreement made by one owner binding on the others? Give reasons to support your answer.

The business assets of an organisation amount to Rs. 50,000 but the debts that remain unpaid are Rs. 80,000. What course of action can the creditors take if
(a) The organisation is a sole proprietorship firm
(b) The organisation is a partnership firm with Anthony and Akbar as partners. Which of the two partners can the creditors approach for repayment of debt? Explain giving reasons

The equity-based joint venture does not include

What are the benefits of entering into a joint venture and public private partnership?

Why do the enterprises need to adopt pollution control measures?

What steps can an enterprise take to protect the environment from the dangers of pollution?

Which one of the following is not amongst India's major export items?

Which one of the following is not amongst India's major import items?

Choose the correct option for the following:
Outsourcing

A call center handles ______.

How does outsourcing represent a new mode of business?

What are the ethical concerns involved in outsourcing?

Evaluate the need for outsourcing and discuss and its limitations.

Choose the correct option for the following:
Which of the following is capable of doing maximum good to society?

Choose the correct option for the following: Ethics is important for