Forms of Business Organisation — Business Studies STD 11 Commerce — Question

Give the features of partnership at will and particular partnership.

State the meaning of Corporate Social Responsibility as per the Companies Act 2013.

Give the features of limited partnership.

What do you understand by share, share capital and shareholders? Explain with the help of an example.

Rohan, a student of business studies, wants to understand the interrelation between industry, trade, and commerce. Help him.

Harsh, Dinesh and Kunal were partners in a financing firm. Harsh and Kunal had gone for a meeting in London for analyzing business prospects in that country. In the meanwhile, Dinesh invested a huge amount in buying shares of a new company by borrowing money from Rajesh. This turned out to be a bad deal as the share prices soon fell down.
When Harsh and Kunal came back they said they were not liable to pay to Rajesh as they did not take the money.
On the basis of the given information, answer the following questions:
(a) Were Harsh and Kunal right in doing so?
(b) Under which aspect of partnership are they bound? Explain.

Which names are considered undesirable and should therefore be avoided by promoters?

To promote a company, what series of steps are required to be conducted?

LMN Ltd. is dealing in manufacturing of wood and can furniture. It has its head office in Delhi and four branches in Chandigarh, Surat, Noida and Moradabad. Company is earning very good profit inspite of competition from Chinese furniture manufacturers. It files its income tax returns on time. Company officials are also updating their shareholders about their projects and provide fair return to them. On the basis of the given information about LMN Ltd., answer the following questions:
(a) Identify the interest groups towards with social responsibility is undertaken by the company.
(b) Identify any two values which have been followed by LMN Ltd.

Why is KPO important for a country?