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Chapter 2: Forms of Business Organisation
Chapter 3: Private, Public and Global Enterprises
Chapter 4: Business Services
Chapter 5: Emerging Modes of Business
Chapter 6: Social Responsibilities of Business and Business Ethics
Chapter 7: Formation of a Company
Chapter 8: Sources of Business Finance
Chapter 9: Small Business and Entrepreneurship
Chapter 10: Internal Trade
Chapter 11: International Business
Solutions for Chapter 11: International Business
Below listed, you can find solutions for Chapter 11 of CBSE NCERT for Class 11 Business Studies.
NCERT solutions for Class 11 Business Studies Chapter 11 International Business Short Answers [Page 299]
Differentiate between International trade and International business.
Discuss any three advantages of international business.
What is the major reason underlying trade between nations?
Why is it said that licensing is an easier way to expand globally?
Differentiate between contract manufacturing and setting up wholly-owned production subsidiary abroad.
Discuss the formalities involved in getting an export licence.
Why is it necessary to get registered with an export promotion council?
Why is it necessary for an export firm to go in for pre-shipment inspection?
What is the bill of lading? How does it differ from the bill of entry?
Explain the meaning of the mate's receipt.
What is a letter of credit? Why does an exporter need this document?
Discuss the process involved in securing payment for exports.
NCERT solutions for Class 11 Business Studies Chapter 11 International Business Long Answers [Pages 299 - 300]
“International business is more than international trade”. Comment.
What benefits do firms derive by entering into international business?
In what ways is exporting a better way of entering into international markets than setting up wholly owned subsidiaries abroad.
Rekha Garments has received an order to export 2000 men's trousers to Swift Imports Ltd. located in Australia. Discuss the procedure that Rekha Garments would need to go through for executing the export order.
Your firm is planning to import textile machinery from Canada. Describe the procedure involved in importing.
Identify various organisations that have been set up in the country by the government for promoting the country's foreign trade.
What is the IMF?
Discuss its various objectives and functions.
Write a detailed note on features of WTO
Write a detailed note on the structure of WTO
Write a detailed note on the objectives of WTO
Write a detailed note on the functioning of WTO
Solutions for Chapter 11: International Business
NCERT solutions for Class 11 Business Studies chapter 11 - International Business
Shaalaa.com has the CBSE Mathematics Class 11 Business Studies CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Class 11 Business Studies CBSE 11 (International Business) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
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Concepts covered in Class 11 Business Studies chapter 11 International Business are Introduction to International Business, Specimen of the Document Involved in International Trade or Export Trade, Reason for International Business, Importance of Documents Involved in International Trade, Concept of International Trade, Advantages of International Trade, Disadvantages of International Trade, Meaning of Export Trade, Objectives of Export Trade, Procedure of Export Trade, Meaning of Import Trade, Objectives of Import Trade, Purpose of Import Trade, Procedure of Import Trade, Meaning of World Trade Organization (WTO), Objectives of World Trade Organization (WTO), Documents Involved in International Trade Or Export Trade - Indent, Letter of Credit, Shipping Order, Shipping Bills and Mate's Receipt(DA/DP), International Business Vs. Domestic Business, Scope of International Business, Advantages of Exporting, Limitations of Exporting, Modes of Entry into International Business, Advantages of Importing, Limitations of Importing, Contract Manufacturing, Licensing and Franchising, Foreign Trade Promotion Measures and Schemes, Organisational Support, International Trade Institutions and Trade Agreements, World Bank, Concept of Joint Ventures, Wholly Owned Subsidiaries, Foreign Trade Promotion: Incentives and Organisational Support, International Monetary Fund (IMF), Meaning of International Business, Benefits of International Business.
Using NCERT Class 11 Business Studies solutions International Business exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Class 11 Business Studies students prefer NCERT Textbook Solutions to score more in exams.
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