Private, Public and Global Enterprises — Business Studies STD 11 Commerce — Question

What functions does insurance perform in context to the modern world of business?

List sources of raising long-term and short-term finance.

Mr. Manchanda is a business man in Gurgoan he manufactures scooters. His son after doing an MBA in USA returns to India and suggests that they should set up a fully owned factory in Bangkok for supplying to customers in South East Area and Middle East. Mr. Manchanda however does not agree to his proposal and wants to set this unit in South India.They are having a debate in this. In your opinion with whom you agree. Give reasons for support of your answer.

Describe any four functions of retailers.

Cochin Shipyard Ltd. (CSL) is one of the leading shipbuilding and repair yard in India, which has an infrastructure that combines economy, scale, and flexibility, and has ISO 9001 accreditation. The government owns 75% stake in Cochin Shipyard. CSL also has an exclusive area set for offshore construction and future expansion. CSL has been rated excellent by the Government of India, four times in a row for achieving the targets set for the yard under the MOU system With specialised industry knowledge and superior resources, CSL has constantly unfolded new levels of excellence in shipbuilding and ship repair. As a technology leader in India, CSL has adopted the Japanese Integrated Hull Outfitting and Painting System (IHOP) for its new construction, which gives a clear edge to CSL in the field of fabrication of commissioning of accommodation modules and topside modification.

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

(a) How will you classify Cochin Shipyard Ltd. (CSL) as a form of public sector enterprise?

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

Write the meaning and features of the small-scale industry.

Gopaldas, in order to promote local craftsmen of Gujarat, formed an organisation where in the persons voluntarily associate themselves to promote common economic interest. The basic purpose of this organisation was to help these craftsmen to find market for their products. It had a managing committee that was elected on the basis of 'one member one vote'.
On the basis of the given information, answer the following questions:
(a) Identify the form of business organisation set up by Gopaldas.
(b) Quoting the lines from the above para, Enlist any three features of this form of organisation.

Zainab, Shelly &Ravina are friends. They have just completed a fashion designing course. They wish to start a business together. They have Rs.10,00,000 savings put together and are planning to take a bank loan of additional _ 10 lakhs. They have found a prime location in KarolBagh where they can set their boutique. They decide that they will initially not take very big orders. Based on this information, quote the lines associated with factors affecting the decision to start a business and classify them.

Suresh Goyal wants to start a business of manufacturing and distributing room coolers. He is facing a lot of problems as this is his first venture. The demand for room coolers is high in summer season. He wants to make sure that he can meet the orders as and when demanded. To beat the existing players in the market, he wants to sell his product in five cities and does not know how to find customers in different cities. Not only this, he has to ensure that the room coolers reach the customers in different cities. He had sound technical knowledge but was not successful in marketing the output. All this requires a lot of money which is another problem.
State any four problems of small scale business faced by Suresh Goyal.

Distinguish between BPO and KPO on the basis of:

1. Activities.
2. Focus.
3. Qualification.
4. Involvement with clients.