Model Paper 2 — Business Studies STD 11 Commerce — Question

"Registration of a partnership firm is not to be compulsory but beneficial". Do you agree? Give reasons in support of your answer.

Explain the principle of distributive justice.

Write a short note on Vending Machines.

‘’Ojas Auto Ltd. ‘’ is a very well known auto company in the industry having more of equity share capital than long term debt in its capital structure. It is willing to expand and establish new unit in the backward region and want to train the tribal women in skill Development to empower them. It has a huge amount of cash reserve of Rs. 1000 crores.

(a) what is the status of capital structure of the above company.

(b) According to you, which source of finance should be used by the company in establishing new units? Give any two reasons in support of your answer.

(c) What values does the company exhibit in the above case?

Aniket after doing his fashion designing course, started an export business in the form of a private company along with his uncles Mr. Manish and Mr. Rajnish. They helped him to assemble resources, prepare necessary documents, give a name and perform various other activities to get a company registered and obtain the necessary certificate enabling the company to commence business. Later on, he came to know that Mr. Manish had forged the signatures of Mr. Rajnish on the Memorandum of Association. He is now fearing that the Incorporation of the company will be considered invalid.
On the basis of the given information, answer the following questions:
(a) What will Aniket, Manish and Rajnish be called as?
(b) According to you, will the incorporation of the company be considered as invalid? Why or why not?

Pramesh was a successful businessman and owned a departmental store. He was aware of the fact that profit is the reward of risk-bearing. So, in order to earn more profits, he opened two more departmental stores and employed a team of young staff to look after the stores. Initially, the staff was very sincere and Pramesh earned huge profits from his 3 departmental stores. However, over the last two years, his business is running into losses. On close analysis, he found that his staff was not giving much attention to the customers. Moreover, there were many cases of embezzlement (misappropriation of funds) by the employees.
Identify and explain the main cause behind the losses in Pramesh's Business.

Explain the areas where small businesses feel threatened from global competition.

Small scale industrial units can be of different forms. State them.

Knowledge is priceless but the books come with a bill. The Bookshop, dealer of used books is committed to bring to buyers the best of the brilliant from the world of writtin text, at prices which are literally a steal. The Bookshop assures that now the buyer have iv never scan over the price tag again as you pretend to read the preface.
State giving reason the type of retailer and its category under which the Bookshop should be placed.

Why is cellular phone or cellphone called a mobile phone?