International Business-I — Business Studies STD 11 Commerce — Question

Define one person company. Explain it salient features.

Differentiate between international trade and international business.

What do you understand by Social Responsibility of business? How is it different from legal responsibility.

Suppose your friend wants to commence business but he finds difficulty in making the choice of form of business organisation. In context to this how would you help him?

After reading an advertisement in the newspaper about an upcoming public issue of preference shares of a pharmaceutical company, Tushar made up his mind to invest money in that issue. Later on, he discussed his plan with his friend Vikesh who he is a stock broker. Vikesh, on the contrary, advised him to invest in equity instead.
Give any three possible reasons because of which Vikesh wants Tushar to invest in equity and not in preference shares.

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

Shivangi is fond of buying goods online. She bought a dress online from a Swedish company after reading good reviews about the dress on customer portal. But when she received the dress, it is not the same as shown in the picture. She called on the customer care number to discuss her problem.
On the basis of the given information about Shivangi, answer the following questions:
Explain the types of e-Business transactions mentioned here quoting lines from the case.

Explain the factors that are responsible for the existence of Joint Hindu Family business?

You are quite aware of Amul. It is one of the most prominent examples of cooperative society. Conduct a study on Amul and prove that it is an amazing cooperative venture.

Why is business ethics considered important?