Business Services — Business Studies STD 11 Commerce — Question

Tata Global Beverages Limited is an Indian non-alcoholic beverages company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea and a major producer of coffee.
Tata Global Beverages markets tea under the major brands Tata Tea, Tetley and Good Earth Teas. Tata Tea is the largest selling tea brand in India, Tetley is the largest selling tea brand in Canada and the second largest selling in the United Kingdom and the United States.
Tata Global Beverages manufactures 70 million kilograms of tea in India, controls 54 tea estates, ten tea blending and packaging factories and employs around 59,000 people. The company owns 51 tea estates in India and Sri Lanka, especially in Assam, West Bengal in eastern India and Kerala in the south. The company is the largest manufacturer of Assam tea and Darjeeling tea and the second-largest manufacturer of Ceylon tea.
On the basis of the aforesaid information about Tata Global Beverages Limited, answer the following questions:
(a) Identify the two kinds of trade Tata Global Beverages Limited is engaged in.
(b) Differentiate between the two kinds of trade Tata Global Beverages Limited is engaged in.

Describe briefly different types of cooperative societies.

Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.

Mr. Akash Patel is the owner of a business enterprise manufacturing leather bags. He was earning lot of profit and wanted to expand his business. He appointed Sam as his project head. Sam suggested to establish Paper Bags Unit in a Tribal Area as the government had banned plastic bags, since plastic led to pollution. It not only affects human beings but also the animals and nature as a whole. Opening a unit in Tribal area would also generate employment for the people to that area. Akash appreciated him and accepted his proposal. He reinvested his profit in starting this new business. He appointed Harmeet, Albert, and Zaid as heads of Sales, Accounts and purchase departments. (Albert was a differently abled but a very intelligent person).

He paid good salaries and provided good working conditions to his employees. His business earned a good reputation in market in a short span of time.
On the basis of the given information about Akash Patel, answer the following

questions:
(a) Identify three points of role of profit from the above information.
(b) Which objectives of business are being pursue by Akash?
(c) Identify any one value which Akash his trying to communicate to the society

Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer.

Zen Limited is in the business of manufacturing electric wires which is used for various purposes. One day owing to a short circuit there was fire in the factory a large quantum of raw material was damaged. The company was insured through an appropriate fire insurance policy. However, the receipt of insurance claim wouldtake some time. During this period, the company needs funds amounting to Rupees one crore from external sources to keep the factory active.
Suggest the company the most appropriate sources of raising funds for meeting its requirements.

Sushant is running a general store in a small shop in a premium location. The shop next door is on sale. His friend advises him to buy the shop but Sushant does not have the necessary capital. His friend offers him the money but Sushant is not in a position to take a loan of such a large amount. So his friend makes a proposal where he offers to become a part owner of the business. He also suggests that they should have a written understanding wherein the role of both the owners is clearly spelled out and there is no confusion later on. After a lot of contemplation Sushant refuses to accept his friend offer.
On the basis of the given information, answer the following questions:
(a) What does "written understanding" refer to? Explain.
(b) Why do you think Sushant refuses his friends offer? Explain four reasons.

Started in 2002 as an Electrical-Contracting Agency by Mr. Surinder Singh, Amber Electrotech has now evolved into a full-fledged turnkey solution provider with activities ranging from substation, internal and external electrification for conventional as well as high end solutions. Amber Electrotech works with an aim to provide best-in-class electricalservices for internal and external electrification and substation jobs at highly competitive prices.
With a highly-passionate team of engineers on board, Amber Electrotech believes in not only meeting customer expectations, but to exceed them by miles. Right now, the company needs large amount of funds to a new electrical substation project of western railways for which it received some advance from railway department. Currently the company is incurring very high fixed operating costs. So, the company needs funds to meet its working capital requirements.
On the basis of the given information about Amber Electrotech, answer the following questions:
(a) Suggest two sources through which Amber Electrotech can meet its working capital requirement.
(b) State two merits and demerits of any one the source specified in part (a).

Raisha is a young, ambitious and creative girl who wishes to make her parents proud of what she is. Since childhood, she was interested in art and craft and won various prizes in school and inter-school competitions. After passing class XII from commerce stream, she is pursued b.com.(hons) from a reputed college of delhi. University. To continue her creative passion along with her studies and to support her family economically, she started giving art and craft classes to kids, comprising of skills such as paper quilling, clay modeling, paper craft, table mats, mask-making, pot decoration, flower making etc. The noteworthy point was that she used to give such classes free of cost to the kids of poor parents living in slums near to her place. She herself used to give material to them and train them to make such craft items. The kids were happy to learn artistic skills without paying anything and she posted pictures of such craft items, so prepared, on her face book page. She started getting orders for such craft items, which led to huge revenues. Whenever she got such orders, she called the parents of those kids and gave some amount of the r received to them. Raisha's parents were very happy and satisfied with her work. But, they were astonished to know that Raisha was also earning reasonable profits revenue since last two years from her work
On the basis of the given information about Raisha, answer the following questions:
(a) Identify any one economic and one non-economic activity from the above para, by quoting relevant lines.
(b) Which type of economic activity is being performed above? Define it.
(c) What was the main objective of Raisha?
(d) Raisha is very sure that her economic activity is completely risk-free. Do you agree with her? Justify giving reasons

Describe the role of small business in rural India.