Business Services — Business Studies STD 11 Commerce — Question

Identify various organizations that have been set up in the country by the government for promoting country's foreign trade.

P.C. Mallappa and Company, which is based in Bangaluru and Mangalore and deals in tiles and sanitaryware merchandise, has filed a suit against McDonalds challenging its right to use the logo. The issue first surfaced in 1994 when the American fast food giant sent a notice to the company accusing it of violating its internationally well-known logo.
Mallappa has moved the Delhi High Court for cancellation of the Macs registered M logo on the premise that the fast food giant has not used its logo since 1991 when it registered it in India. so this invalidates Big Macs claim to exclusivity over the logo. Further, the firm claims that while Big Macs logo was of a single line, its own logo had double lines. Hence, there was no confusion. In its notice to Indian firm, McDonalds Indian lawyer has held that the fast food giant had been using the logo for many years and also been operating a chain of fast food outlets in many countries which came to be known as the Big Mac because of the M logo. Because of the extent of the business, the name Big M is associated with his client in the US and others in the world. It accused Mallappa of using its logo for sanitary goods with malafide intention of imitating its client.
On the basis of the given information about P.C. Mallappa and Company, answer the following questions:
(a) Do you think the Indian lawyer of McDonald's is right in his stand?
(b) Which concept will come to his rescue in order to fight the case against P.C. Mallappa and company?
(c) Explain the advantages that business houses can derive from the above identified concept?

Oriental Electric Ltd operates with a philosophy to carve out a niche in the global fan industry and evolve into a premier lifestyle home solutions provider. Oriental Electric Ltd has earned the trust of millions of customers by providing cutting-edge lifestyle electrical products. Oriental Electric Ltd has different departments like Production, Marketing, Accounts, Human Resource, and R&D etc. Earlier all the work was done physically but nowadays all the departments are sharing the information through the local area network, which saves time, increase the speed of exchanging information and documents and provides the proof of every transaction.
On the basis of the given information about Oriental Electric Ltd., answer the following questions:
(a) Identify the modes of business adopted by Oriental Electric Ltd., earlier and now.
(b) Differentiate between the modes of business adopted by Oriental Electric Ltd.

Mr. Malvinder Mohan Dhingra, a resident of India wants to import heavy machinery and equipments from Mr. Jacob Heilmann in Germany. He sends a trade enquiry to him for collecting information regarding the export prices and terms of exports. After receiving the trade enquiry, Mr. Jacob Heilmann prepares a proforma invoice and sends it to Mr. Malvinder Mohan Dhingra. Mr. Malvinder Mohan Dhingra has now received an intimation about the arrival of machine and equipments in India. State the various formalities that Mr. Malvinder Mohan Dhingra have to complete before taking the delivery of goods.

Qureshi had aspired to start a Thai food restaurant from his childhood. On completing his education he shared his childhood dream with his father. Therefore, the father-son duo decided to approach a nearby bank for obtaining a loan. His father's foremost concern was to raise finance for the business as his savings would be insufficient for starting a business.
In the context of the above case answer the following:
a. Define the term business finance.
b. Briefly outline the importance of business finance.
c. The two types of funds on the basis of ownership are being discussed above. Identify and differentiate between them by giving any three suitable points.

Describe briefly the problems of small scale enterprises.

Write a detailed note n history of trade n India.

Why is it important to choose an appropriate form of organisation? Discuss the factors that determine the choice of form of organisation.

Nothing is more important to Reliance Ltd., than making sure that the company does what is right and nothing puts it at risk more than failure to do it. In its code of conduct the company is focused on the most important principles and expectations rather than specifying detailed rules. It does not specifically address every potential form of unacceptable conduct, but It believes that its officials are fully capable of making the right decisions when faced with difficult choices and that they will be guided by the good judgment. The above paragraph highlights an important aspect which every business should follow.
On the basis of the given information about Reliance Ltd., answer the following questions:
(a) Identify the important aspect that every business should follow like Reliance Ltd.
(b) Discuss the important elements of the concept identified in part (a).

VTM Textile Mills is one of the largest manufacturer of various types of textile products from Ahmedabad, Gujarat. The company is equipped with state-of-the-art dyeing, printing, and processing and garmenting facilities. Due to slackness in the market demand company is facing shortage of funds.
The company needs fund for meeting its day to day expenses like daily wages and overheads etc. The finance manager of the company approached one of its suppliers to grant two months credit on purchase of raw cotton. This would enable the company to get cotton supplies without making immediate payment.
On the basis of the given information about VTM Textile Mills, answer the following questions:
(a) Identify and explain the source of finance highlighted in the above case.
(b) Explain any four merits of the source of finance identified in part (a).