Business Services — Business Studies STD 11 Commerce — Question

How do small scale industries contribute to the socio-economic development of india?

State the merits and demerits of public deposits and retained earnings as methods of business finance.

Start-ups are usually small and initially financed and operated by a handful of founders or one individual. These companies offer a product or service that is not currently being offered elsewhere in the market, or that the founders believe is being offered in an inferior manner.
What does it take to Start-ups? A brilliant idea? A great team? Money? Yes. All of those things. But more than anything what it takes, is belief. A belief that there is significance to the problem being addressed, and that the solution is something which the consumer wants. It is really amazing how most large companies have such humble stories of starting up. All of them started with nothing but just plain conviction. Even with such conviction they fail because of an inherent factor present in business.
On the basis of the given information about Start-ups. answer the following questions:
(a) Identify this inherent factor which led to failure of business enterprise.
(b) Explain any three features of the factor identified in part (a).

Distinguish between a Joint Hindu family business and partnership.

Flame Automotives are producers of cars and mobikes. The company offer a range of varieties in their products due to heavy competition in the market. The company is offering ten different models of cars in the mid size range and five different models of mobikes in 125 cc and another five in 150 cc range. wide
The company uses adequate safety measures for handling machines and equipment. It also provides incentives for better performance of people in the company. The company's policy is to use good quality raw material to provide the best product to the public at fair prices. The company also focus on providing all the material information to its founders.
On the basis of the given information about Flame Automotives, answer the following questions:
(a) Identify by quoting the lines three interest groups towards which Flame Automotives fulfills its social responsibility.
(b) State two other responsibilities of business which is not discussed in the case towards each group identified.

Daffodils Tech Ltd. is a software engineering company, a technology partner to many dynamic organisations across the globe. The company ability to look beyond technologies and deliver innovative and progressive solutions has been lauded by its clients as well as the tech community worldwide.
The company experiment with the latest technologies, design approaches and development methodologies to build cutting edge software products.
The company has issued equity and preference shares to meet its financial requirements. Other sources of finance have not been considered for fund raising. This has resulted in payment of large amount of taxes to the government. The company wants to seek tax benefits and hence approaches its financial consultant for an advice.
On the basis of the given information about Daffodils Tech Ltd., answer the following questions:
(a) Why does issue of preference shares do not provide tax benefits to the company?
(b) List any two sources which will provide such benefit to the company.
(c) State any two merits and demerits of sources of funds specified in part (b).

Identify various organisations that have been set up in the country by the government for promoting country’s foreign trade.

Jagat is running a grocery store under the name 'Morning Needs' in a local market. He takes all decisions about business himself, without any interference from others and also earns a direct reward for his risk-bearing.
In the context of the above case:
a. Identify and define the form of business organization in which Jagat has promoted his business.
b. State any four features of this form of business organization.

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