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4 questions · timed · auto-graded

Question 15 Marks
Sonam visited her aunt residing at Mumbai in her summer vacations. She goes with her aunt to a large retail showroom having number of departments under one roof. Each of the department is like a separate shop with centralized purchasing, selling and accounting arrangements. She becomes surprised by the varieties of goods which are being sold in the outlet.
On the basis of the given information about Sonam, answer the following questions:
(a) Identify the type of the fixed shop retailer highlighted above.
(b) Explain any two features of such fixed shop retailer.
(c) Explain any two advantage of such fixed shop retailer.
Answer
(a) Departmental stores.
(b) Features:
(i) Wide variety of products.
(ii) Centralised purchasing.
(c) Advantages:
(i) Attracts large number of customers. (ii) Convenience in buying.
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Question 25 Marks
Your class teacher discussed about few bodies which were formed as an association of business and industrial houses to promote and protect their common interest and goals. Many such bodies where formed and are present in the country. These associations help in many activities concerning interstate movement of goods which includes registration of vehicles, surface transport policies, construction of highways and roads.
Identify the body mentioned above and explain how they assist in:
(a) Transportation or interstate movement of goods.
(b) Octroi and other local levies.
(c) Harmonization of sales tax structure and Value Added Tax.
(d) Marketing of agro products and related issues.
Answer
The Chambers of Commerce and Industry.
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Question 35 Marks
Sonam visited her aunt residing at Mumbai in her summer vacations. She goes with her aunt to a large retail showroom having number of departments under one roof. Each of the department is like a separate shop with centralized purchasing, selling and accounting arrangements. She becomes surprised by the varieties of goods which are being sold in the outlet.
On the basis of the given information about Sonam, answer the following questions:
(a) Identify the type of the fixed shop retailer highlighted above.
(b) Explain any two features of such fixed shop retailer.
(c) Explain any two advantage of such fixed shop retailer.
Answer
(a) Departmental stores.
(b) Features:
(i) Wide variety of products.
(ii) Centralised purchasing.
(c) Advantages:
(i) Attracts large number of customers. (ii) Convenience in buying.
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Question 45 Marks
Your class teacher discussed about few bodies which were formed as an association of business and industrial houses to promote and protect their common interest and goals. Many such bodies where formed and are present in the country. These associations help in many activities concerning interstate movement of goods which includes registration of vehicles, surface transport policies, construction of highways and roads.
Identify the body mentioned above and explain how they assist in:
(a) Transportation or interstate movement of goods.
(b) Octroi and other local levies.
(c) Harmonization of sales tax structure and Value Added Tax.
(d) Marketing of agro products and related issues.
Answer
The Chambers of Commerce and Industry.
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5 Marks Question - Business Studies STD 11 Commerce Questions - Vidyadip