Emerging Modes of Business — Business Studies STD 11 Commerce — Question

Explain briefly the following features of global enterprises:
i. Huge capital resources
ii. Foreign collaboration
iii. Expansion of market territory
iv. Centralised control.

Annaya was doing research on the banking sector for her assignment. While browsing through the website of Reserve Bank of India, she came across a specimen of a type of Hundi which is like any other bearer instrument and is payable to the holder or bearer. In the context of the above case answer the following:
i. What is a Hundi?
ii. Identify the type of Hundi being described above.
iii. Describe briefly any two other types of Hundi.

India enjoys a unique global position in terms of production of all commercially useful varieties of silk. India is the second largest producer of silk. With sericulture activities spread across 52,360 villages, the Indian silk industry is one of the largest generators of employment and foreign exchange for the country. The industry provides employment to over 8.25 million people in the country. The silk products exported include natural silk yarns, fabrics, made-ups, readymade garments, silk carpets and silk waste. The top ten importers of Indian silk and silk products were US, UK, China, UAE, Germany, Italy, Canada, France, Singapore and Hong Kong. On the basis of the aforesaid information about silk products, answer the following questions:
(a) Enumerate the two benefits available to the Indian business firms who are engaged in silk export.
(b) How do the different nations engaged in trade of silk stands to gain?

Geeta Pustak Bhandar sells only religious books. But all kinds of books are available at 'Kapoor Pustak Bhandar'. Both of them are examples of Small Scale Retail Trade. Even then the nature of their trades is different from each other. Identify the nature of the difference between the trades of both of them and explain it.

Discuss in brief the role of Multinational Corporations in India.

India, known as the home of spices, boasts a long history of trading with the ancient civilisations of Rome and China. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. India is the world's largest producer, consumer and exporter of spices; the country produces about 75 of the 109 varieties and accounts for half of the global trading in spices.
Top spices produced in the country include pepper, cardamom, chilli, ginger, turmeric, coriander, cumin, celery, fennel, dill seed, garlic, tamarind, clove, and nutmeg among others Major importers of Indian spices are USA, China, Vietnam, UAE, Indonesia, Malaysia, UK, Sri Lanka, Saudi Arabia, and Germany.
On the basis of the aforesaid information about spices, answer the following questions:
(a) Enumerate the two benefits available to the Indian business firms who are engaged in spice export.
(b) How do the different nations engaged in trade of spices stands to gain?

Enumerate the services of the wholesaler to manufacturer and some general services.

List any five major commercial cities of ancient India?

Mr. Smith is a well qualified dentist with lots of patients. He opened a medical store in partnership with his friend John within the premises of his nursing home. In order to earn money quickly, he started procuring medicines from substandard pharmaceutical companies on which more commission was available. He used to prescribe only those medicines which were available in his medical store.

On the basis of the given information about Mr. Smith, answer the following questions:

(a) Name the economic activity which Mr. Smith is doing as a dentist.

(b) Also, state the type of economic activity done by him with his friend John.

(c) Identify the two values ignored by Mr. Smith.

Explain the meaning of a government company. In what circumstances, is it a suitable form of public enterprise?