Emerging Modes of Business — Business Studies STD 11 Commerce — Question

Discuss the forces which are responsible for increasing concern of business enterprises toward social responsibility.

Explain in detail the types of debenture a company can issue.

Shikha 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 polish to a retail chain with three branches in thecity. She looks after the varied functions in all the branches, but now she wants to change her form of business as she also has plans to open branches countrywide. She is also planning to collect the funds by issue of shares.
On the basis of the given information about Shikha, answer the following questions:
(a) Which form of business is suitable for Shikha for the expansion of business? Also mention any two benefits of that form of business.
(b) Explain two benefits of remaining a sole proprietor.

How is home trade different from external trade?

Describe the scope of small business in India.

Describe briefly any two applications of e-business.

Gauri took an insurance policy for her home without disclosing that the home is being used to house the catering business. After a few months, a gas cylinder explosion caused major damage to her property. Consequently, she filed a claim against the insurance company for compensation of loss. On investigating the matter, the insurance company discovered the commercial use of the home and refused to pay any claims. Identify and explain the principle of insurance which has been violated in the above case.

"No business is risk free." Do you agree? Justify your answer, mentioning the nature and causes of business risk.

Jay owns an event management company in Jaisamaler which provides customized facilities to meet the needs of the customers and ensure a memorable event for them whether they are planning a workshop, a management seminar, marketing or training session. He has a staff of 50 persons. Earlier the salary of the staff members was paid through cheques. The employees had to deposit their cheque in the bank and had to wait for a few days for cheques to be cleared. But now the salary reaches their account on the same day itself with the help of a particular banking service.
In the context of the above case, answer the following questions:
a. What is a cheque?
b. How is a cheque different from a bank draft?
c. Name the banking service which facilitates the transfer of the salary to the employee's account on the same day itself.

AVI-OIL India Pvt. Ltd. is byproduct of special arrangement between NYCO, France and two state-owned companies of India, Indian Oil Corporation Ltd., and Balmer- Lawrie & Co Ltd. The key operative factor in this arrangement is joint ownership by several independent entities. This is a very important agreement for India since AVI-OIL manufactures Aviation Turbine Fuel (ATF) indigenously. The company also manufactures specialized and high performance lubricants. These are generally used in the aviation, aerospace and defense sectors of India. Some products manufactured by AVI-OIL are customized for use at extremely high altitudes with freezing temperatures to extremely hot climate typical of deserts. AVI- OIL has been supplying aero-engine oils, hydraulic fluids, greases, protective's and specialties to the Indian Defence Services since 1994.

On the basis of the given information about AVI-OIL India Pvt. Ltd., answer the following questions:
(a) Identify the kind of business enterprise formed by between NYCO, France and two state-owned companies of India.
(b) State the type of kind of business enterprise identified in part (a).
(c) Explain the key features of the kind of business enterprise highlighted in above case.