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How is business ethics different from law?
  • 1 answers

Jyoti Panchal 4 hours ago

Business Ethics refer to the moral values for standard on on which governs the activity of a businessman define what is right and what is wrong by Edwin in the business practices which are desirable from the point of view of society .🍒🍒
Explain the role of small scale industries in rural areas
  • 1 answers

Jyoti Panchal 4 hours ago

Provides employment in rural area . improved economic conditions. prevent migration .utilisation of local resources. equitable distribution of national income. balanced regional development .opportunity for addition.
Which funds required in day to day operations of business
  • 1 answers

Gaurav Seth 5 hours ago

Working capital is required in day to day operations of business

Working capital is required by a business for the purchase of raw materials and for meeting day-to-day expenses such as wages, salaries, rents, taxes, interest, etc. It may be defined as the capital invested in the working or current assets, such as raw materials, semifinished goods, finished goods, debts recoverable from the customers to whom goods have been sold on credit, and so on. Working capital is also referred to as the circulating capital or revolving capital.

Why retained earning is called self financing
  • 2 answers

Gaurav Seth 5 hours ago

Firms usually keep a certain part of the profits earned before distributing dividends to their shareholders. These undistributed profits are retained in the business for future use and are known as retained earnings. Retained earnings 
are called self financing as a part of these funds are reinvested in the business. 

Jyoti Panchal 5 hours ago

Because a portion of companies net profit after tax and dividend which is not distributed but are retained for investment purpose that is why retained earning is also known as self financing.🍒🍒
Trade credit
  • 1 answers

Gaurav Seth 6 hours ago

Trade credit is the credit extended by one trader to another for the purchase of goods and services. Trade credit facilitates the purchase of supplies without immediate payment such credit appears in the records of the buyer of goods as ‘sundry creditors’ or ‘accounts payable’.

Merits of trade credit are as follows:

 

1. Trade credit is convenient and continuous source of funds.

2. Trade credit may be readily available in case the credit worthiness of the customers is known to the seller.

3. Trade credit needs to promote the sales of an organisation.

4. It an organisation wants to increase its inventory level in order to meet expected rise in the sales volume in the near future, it may use trade credit to, finance the same.

5. It does not create any charge on the assets of the firm while providing funds.

Demerits are as follows :

1. Availability of easy and flexible trade credit facilities may induce a firm to indulge in overtrading, which may add to the risks of the firm.

2. Only limited amount of funds can be generated through trade credit.

3. It is generally a costly source of funds as compared to most other sources of raising money.

What is B2C commerce?
  • 2 answers

Vivek Kemwal 4 hours ago

Question is B2C (business to customer) commerce

Yaser Siddiquee 16 hours ago

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output .Example- Providing raw material to the other company that will produce output.
what is import export procedure
  • 1 answers

Jyoti Panchal 17 hours ago

Exporting refers to selling of goods and services from the home country to a foreign country while importing the first to purchase of foreign productsand bringing them into one's home country for example India import medical devices from Korea.🍒🍒
What is public private partnership?
  • 1 answers

Himanshu Sharma 18 hours ago

It is a legally binding contract b/w govt and private business firm for the provision of public assets or public services for the benifit of people
About MNC
  • 1 answers

Yogita Ingle 23 hours ago

1) Multinational Coorporation is a large company that owns or regulate production across nations.
2) They set up offices and factories where they get favorable factor such as availability of raw materials,cheap skilled and unskilled labours,transport and market and most importantly liberalised(free of trade restriction)government policies.
Example : Cargill foods ,ford motors etc.

What is MNCs
  • 1 answers

Yogita Ingle 23 hours ago

1) Multinational Coorporation is a large company that owns or regulate production across nations.
2) They set up offices and factories where they get favorable factor such as availability of raw materials,cheap skilled and unskilled labours,transport and market and most importantly liberalised(free of trade restriction)government policies.
Example : Cargill foods ,ford motors etc.

Please tell me the important chapters in business studies😅😆.... And important topics🤗🤗
  • 1 answers

Pranjal Tripathi 1 day, 13 hours ago

Formation of the company , Forms of businsss organization , Business Services , Sources of business finance and International trade
What is the difference between AoA and MoA?
  • 2 answers
Refer to ncert book

Dhruti Mistri 1 day, 17 hours ago

Givwn in NCERT text book
What is the full form of BPO?
  • 2 answers

Himanshu Kesharwani 1 day, 17 hours ago

Business process outsourcing

Jyoti Panchal 2 days, 2 hours ago

BPO stands for business process outsourcing.🍒🍒
What is odb and adb
  • 0 answers
Formation of company
  • 1 answers

Yaser Siddiquee 2 days, 17 hours ago

Formation of a company involves completion of several legal formalities and procedures. The process of formation of the company can be divided into four stages, viz., 1.Promotion of a company Incorporation 2.Subscription of capital 3.Commencement of business.
Features of public private partnerships
  • 1 answers

Gaurav Seth 3 days, 16 hours ago

Public-Private Partnership refers to the involvement of private sector in the Govt, projects aimed at public benefit in the form of management expertise and monetary contribution.
The following are the main features of PPP :
PPPs are related to high priority Govt, planned projects.
(2)PPP’s main objective is to combine the skills, expertise and experience of both public and private sectors to deliver high quality services.
(3)PPPs divide the risk between public and private sector.
(4)The Govt, remains accountable for the quality and costs of the services.
(5)PPPs are used in the Govt, projects aimed at public benefit.
(6)PPPs projects lead to faster implementation and reduced life cycle.

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