Business, Trade and Commmerce — Business Studies STD 11 Commerce — Question

MNO Ltd., a renowned computer follows the vision of “reaching new heights with its people on its side”. It not only provides quality products but also provides various facilities to its employees for 5 years of service. It also provides computer skills to youth in remote areas for free.
(a) What according to you are the business ethics of the company ?
(b) It is fulfilling its social responsibilities towards which interest groups ?

Describe briefly any two applications of E-business.

Monica Khanna is a jewellery designer. She started her career from the scratch and took advanced designing course at Jewellry Product Development Center. On the completion of the course she got a job at Gitanjali Gems. Being an experienced jewellery designer, Monica Khanna focuses on maintaining the originality and creativity of the ornaments that are custom designed and developed by her.

On the basis of the given information about Monica Khanna, answer the following questions:

(a) Identify the type of economic activity that Monica Khanna is engaged in.

(b) State any three features of the type of economic activity as identified in part (a).

Discuss the features of equity shares as a source of finance.

Rohit and Gurvinder are partners selling electronic products across India. They import the components from their friend Atul who does his business in China and assemble them in their factory established in a rural area Jharkhand most of the workers in the factory are children and women. They are paid very less salaries thus owner save on labour cost. They store their stocks in a warehouse but donot take proper safety measures against fire, burglary. There was a short circuit in the factory and as a result most of the stock was damaged. On the basis of the given information about Rohit and Gurvinder, answer the following questions:

(a) Specify the type of business activity performed by Rohit and Gurvinder.

(b) Specify the type of business activity performed by Atul..

(c) Specify the auxiliary to trade used by Rohit and Gurvinder.

(d) Identify any value which has been violated by Rohit and Gurvinder.

Established in 1963, MMTC is a leading international trading company of India with a turnover of around 12,500 crore. MMTC is the first Public Sector Enterprise to be accorded the status of "five star export house" by Government of India for long standing contribution to exports. The government owns 89.93 % stake in MMTC. MMTC continues as the canalized agency for export of Iron ore, Manganese ore and Chrome ore. MMTC is also one of the three canalizing agencies for import of urea. Presently, MMTC is one of the nominated agencies for import of gold and silver. Its vast international trade network, which includes a wholly owned subsidiary in Singapore covers almost all countries in Asia, Europe, Africa, America etc. giving MMTC global market coverage.

On the basis of the given information about MMTC, answer the following questions:

(a) How will you classify MMTC as a form of public sector enterprise?

(b) State any three advantages of form of public sector enterprise identified in part (a).

Identify the various types of Postal Services highlighted in the following situations:
(a) A service wherein postal certificate is issued by the post office as an evidence of positing a letter.
(b) An innovative vehicle for Indian corporate to advertise their brand through postcards, envelopes, aerogram and telegrams.
(c) The latest offering of the department to collect bill payment across the counter for BSNL and Bharti Airtel.
(d) It is a postal facility where the mail order reaches the addresses as fast as possible.

Explain the meaning and give any five features of statutory corporation.

Differentiate between private and public sector enterprises on the basis of ownership, purpose, social objectives, efficiency and government control.

Explain in brief different mail services provided by the post office.