Small Business — Business Studies STD 11 Commerce — Question

In ancient India, the Greeks sailed from Egypt in the month of July and arrived at Muziri in about 40 days. They stayed on the Malabar Coast for about three months and commenced their return journey from Muziri in December or January. As the Indian seas were infested by pirates, the Greek merchants brought with them cohorts of archers on board their ships. Egypt being at this period subject to Rome, the archers who accompanied the Greek merchants were Roman soldiers. The Pandyan kings sent embassies to Rome and had employed Roman soldiers as guards. There was a colony of Yavana merchants at Kaveripattanam, whose existence is an index of prosperity of merchant communities and professional classes. That Roman gold poured largely into Tamil country at this period is 1 attested by the numerous Roman coins dating from the reign of Augustus to that of Zeno which have been found buried in different parts of Tamilnadu.
On the basis of the given information about ancient India, answer the following questions:
(a) State the concept used in ancient India whose existence is an index of prosperity of merchant communities and professional classes.
(b) Enlist the important kinds of concept whose existence is an index of prosperity of merchant communities and professional classes.
(c) Enlist a few examples of the concept used in ancient India whose existence is an index of prosperity of merchant communities and professional classes

Explain the role of entrepreneurship development in Indian economy.

Explain the steps of export procedure.

Amarjeet had insured the stock of timber on his land under a fire policy. He had already sold the timber to a company of which he was the only shareholder. Later on the timber was damaged by fire. The insurance company refused to make the payment for claim as it came to know about the situation.
On the basis of the given information about Amarjeet, answer the following questions:
(a) Is Amarjeet entitled to receive the claim? Give reason in support of your answer.
(b) Explain the relevant principle of insurance applied by insurance company in rejecting the claim.

Hemant and Co. is a leading manufacturers in mobile phones. It provides different category of mobile phones. For this purpose they interact with different suppliers to get necessary raw material through internet to manufacture their products. Transactions like placing order, delivery of components, making payments are done electronically through internet. In addition to the above, they also adopt effective measures to protect the environment from the dangers of pollution.
On the basis of the given information about Hemant and Co., answer the following questions:
(a) Identify and explain the scope of e-Business highlighted above.
(b) What are the resources required for successful e-Business in plementation?
(c) Identify value which the company is trying to communicate to the society.

Fabindia is India's largest private platform for products that are made from traditional techniques, skills and hand-based processes. It started as a wholesale export company and has since successfully established itself as a major retail player in the Indian market. Fabindia's first retail store opened in New Delhi in 1976. Today, Fabindia has 196 retail stores across India, two stores in Singapore and one store each in Bhutan, Dubai, Italy, Nepal and Mauritius. Fabindia links over 55,000 craft-based rural producers to modern urban markets, thereby creating a base for skilled, sustainable rural employment, and preserving India's traditional handicrafts in the process. The product range consists of garments for men, women, children and infants; garment accessories; home furnishings - bed, bath, table and kitchen linen, upholstery fabric, curtains, floor coverings; and a range of non-textile products like furniture, lights, lamps and stationery.
On the basis of the aforesaid information about Fabindia, answer the following questions:
(a) Identify the two kinds of trade Fabindia is engaged in.
(b) Differentiate between the two kinds of trade Fabindia is engaged in.

Discuss the sources from which a large industrial enterprise can raise capital for financing modernisation and expansion.

Explain the concept of business risk and its causes.

Write a detailed note on features, structure, objectives and functioning of WTO.

Differentiate between a Joint Stock Company and a Cooperative Society.