Business, Trade and Commmerce — Business Studies STD 11 Commerce — Question

Preference shares are preferred by company but not by investors. Why?

Samarth Malhotra was born in Delhi and is a fashion designer. He runs his hi- fashion garments business from the posh Greater Kailash market of Delhi. After running the business for five years Samarth feels that he should get his business registered in a way that he can save himself from the threat of unlimited liability. But at the same time, he doesn't want anyone else to be a part of decision making or to interfere in his business.
On the basis of the given information, answer the following questions:
(a) State the form of business organisation to be formed by Samarth to get it registered.
(b) Enlist any three features of the form of business organisation stated in part (a).

Identify the types of bank accounts being highlighted in following situations:
(a) This account can be opened by any limited company. Payments can be made in the account unlimited number of times. Funds can be remitted from any part of the country to the corresponding account. Overdraft facility and Internet banking facility are available.
(b) It is a kind of account in which two free cheque books will be issued each year. Internet banking facility will be provided without any charge. Balance enquiry, NEFT, bill payment, mobile recharge, etc., are provided through mobile phones. Students can open this account with zero balance by providing the required documents.
(c) Any resident is eligible to open this account in single/joint names. The account can be opened for any period ranging from 6 months to 120 months for monthly installment. The amount selected for installment at the start of the scheme is payable every month and the number of installments once fixed, cannot be changed. The rate of interest is compounded quarterly and the final amount is paid on maturity.
(d) A kind of deposit scheme introduced by different banks, where the excess amount in the savings bank account is transferred to fixed deposit account and the account holder earns more rate of interest In short, it gives the account holder the interest of a term deposit with the flexibility of partial withdrawal, whereas, the remaining cash will get better. interest

"Risk is the element which makes the business different from other economic activities." Do you agree? Justify your answer.

If registration is optional, why do partnership firms willingly go through this legal formality and get themselves registered? Explain.

Explain the need for entrepreneurship development?

Explain the main features of Multinational Company.

The National Thermal Power Corporation (NTPC) will undertake the project to clean up the surroundings of Charminar. Better lighting will be provided at the monument which attracts of thousands of visitors every day. Financial and technical support will be provided by NTPC. No specific amount has been decided yet. Company's top level officials will draw up a plan that will bring glory to the monument.
In the first phase, Oil and Natural Gas Corporation and Neyveli Lignite Corporation India Limited were named sponsors to develop Tirumala Tirupati Devasthanams. The objective of the national consultation was to review the work done in phases and develop an action plan for the other new sites.
On the basis of the given information about National Thermal Power Corporation, answer the following questions:
(a) What benefits will the business derive by doing above mentioned work.
(b) Identify the value which is reflected from the working of NTPC.

Define services and goods.

Write the meaning and features of the small-scale industry.