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

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?

What is the need of outsourcing in today's era of competition?

Which industries are classified as Small Scale Industries? Also give the main features of these industries.

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

Which business units are constituted under the tiny sector? This sector enjoys state patronage bilelaager in which areas?

Give the different sources of Owner's Funds.

Why is it said that companies have a separate legal entity?

Software Engineers working in 'General Technologies' are very happy as they got the freedom to work from home. Their boss told them that they are free to carry their work back home and just need to complete the project assigned to them on time. So all the engineers are taking their daily assigned tasks from the daily work manager and save it in their laptops to complete it at their convenience at their homes.
The initiative was taken by the general manager so as to allow the employees to spend more time with their families which in turn can increase their potential, creativity and efficiency.
On the basis of the given information about General Technologies, answer the following questions:
(a) Identify the dimension of e-Business talked about in the above situation.
(b) State any other two dimensions of e-Business.
(c) Identify two values which the company is trying to communicate to the society?

How does international trade help in stabilising the prices of a product?

Mahendra Singh Dhoni is an Indian international cricketer. At the beginning of his career he worked as a Train Ticket Examiner in 2001 at Kharagpur railway station, in West Bengal. His father Pan Singh, worked for Public Sector Undertaking and his mother Devki Devi is a housewife. He has an elder brother, Narendra Singh Dhoni, who is a politician, and a sister, Jayanti Gupta, who is a teacher.

On the basis of the given information about Mahendra Singh Dhoni, answer the following questions:

(a) State by giving reasons, whether he and his family members are engaged in economic or non-economic activity

(b) Also state which type of economic or non-economic activities are they engaged in