Business Services — Business Studies STD 11 Commerce — Question

Invinciblle Publishers is an independent publishing and marketing platform founded to design, publish, promote, and sell professional quality printed books. Invinciblle Publishers, aim is to make this very process as quick, smooth and hassle-free as possible. With its brilliant team of editors, designers and marketers, company goal is to bring many stories to life and give them the readership they deserve.
To achieve its objective of delivering quality content at reasonable prices with competitive royalties and aggressive marketing company appointed Rachel as the marketing manager. During a sales meeting she suggested to sell books online. Everyone in the meeting looked surprised because from last many years they have been selling books by visiting booksellers and stores.
The Sales Director asked Rachel to prepare a detailed report on online selling concept. Soon the books were available online. Within three months the publisher received a big order from Canada. This would be their first export so the sales manager is now trying to understand the export procedure.
On the basis of the given information about Invinciblle Publishers, answer the following questions:
(a) State the stages involved in the concept of selling books online.
(b) Discuss any four payment mechanism for online business.

Explain the role of SIDBI in promoting small scale enterprises.

In what ways is exporting a better way of entering international markets than setting up wholly owned subsidiaries abroad.

Write a short note on role of business in environment protection.

What is meant by the term ‘Promotion’. Discuss the legal position of promoters with respect to a company promoted by them.

Describe various types of insurance and examine the nature of risks protected by each type of insurance.

Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.

What do you mean by incorporation of a company? What are the steps involved in corporation of a company?

In which form of organisation is a trade agreement made by one owner binding on the others? Give reasons to support your answer.

Suzanne after completing her MBA realised that her family needs extra incomeas her father was about to retire. So, she decided to set up a garment manufacturing unit. She received order for 500 shirts. Suzanne started purchasing raw materials from local suppliers and completed first order of shirts. As she completed the order on time the other purchasers also started giving orders to Suzanne on regular basis. Her hard work and sincerity resulted in huge profits and led to the growth of the business. After two years there were communal riots in her city due to which her profits were adversely affected and availability of labour also became tough and Suzanne started suffering loss. After analysing the situation for few months she decided to shut down the business.
Identify the different features of business discussed in the above case. Also quote the lines for the identified feature.