Forms of Business Organisation — Business Studies STD 11 Commerce — Question

Explain the functions of e-banking.

Differentiate between contract manufacturing and setting up wholly owned production subsidiary abroad.

Identify and discuss the merits and limitations of the source of finance in which holders are entitled to receive interest and are deemed to be the creditors of the company.

William R Bassett has rightfully observed, "The one-man control is the best in the world if that man is big enough to manage everything." Do you agree with him? Give reasons for your answer.

Newland Tea Ltd. is a Singapore based company dealing in import of tea from India and re-exporting it to many South-East Asian Countries. It has a huge godown near the sea port where it has made scientific arrangements for storing tea till it is re-exported.

On the basis of the given information about New land Tea Ltd, answer the following questions:

(a) Name and explain the type of trade referred above?

(b) Name the aids to trade being utilized by Newland Tea Ltd., and which utility does it create?

Maxwell Garments Ltd. took a loan of 10,00,000 from Syndicate Bank. The company is facing acute shortage of funds due to limited demand of their products_ The Finance manager of company suggested to can claim compensation from insurance company against stock lost due to fire in the warehouse. He actuallymeant that the officials can put their warehouse on fire and can claim compensation from Insurance company against stock insured. Later on company can use the insurance claim money to pay loan.
On the basis of the given information about Maxwell Garments Ltd., answer the following questions:
(a) Will the company get the claim if the surveyor from insurance company comes to know the real cause of fire?
(b) Which values did company ignore while planning to arrange money from false representation?

Which hindrance of commerce is highlighted in the following activities?
i. It removes the geographical separation between producers and consumers.
ii. Warehousing facilitates holding of goods till they are required.
iii. Advertising informs the consumers about the goods and services available in the market.
iv. Trade provides an organised market where buyers and sellers can contact each other.
v. Banking and Financing Institutions provide necessary funds to carry on business activities.
vi. There exist a time gap between production and consumption of goods.
vii. Insurance protects the goods in case of damage due to theft, fire, accidents.

What do you understand by maritime trade?

What is the difference between internal and external sources of raising funds? Explain.

Why is cellular phone or cellphone called a mobile phone?