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  • 3 answers

Palak Bansal 4 years ago

Private sector

Keshav Rathi 4 years, 2 months ago

Private sector enterprise

Rimmi Tripathi 4 years, 2 months ago

Private sector
  • 2 answers

Gurdeep Singh 4 years, 2 months ago

Hi baby

Reena Tomar 4 years, 3 months ago

project on case study on a product
  • 1 answers

Cheme Lhamo 4 years, 2 months ago

Unlimited liability means if the business incurs loss or is under debt and the business has insufficient asset to repay the debt, then the person who is the owner must repay the debt by selling his own personal asset. Sole proprietorship has unlimited liability.
6. 'Shreya, Shruti and Shabnam joined together and established a partnership firm. Their main product was a mobile phone. Besides, they also dealt in some other electronic instruments. Each one of the partners looked after one particular department. They had made it certain that every Monday they would hold a meeting and share the information on the activities of their respective departments. In one of their meetings, they decided that each member would tell something special on which they should focus their attention. The three special things told by all the three of them were as given below: (i) Shreya: In order to compete with rivals, we shall have to focus our mind on Marketing Research. (ii) Shruti: We should keep clear of the anti-social activities like Adulteration, Hoarding and Profitering. (iii) Shabnam: We have to establish our business in the society. The members of society are our customers from whom we earn our profit. Hence, we should contribute to the activities of public importance; namely Dispensaries, Educational institutions, etc. (a) To which aspect of business are concerned the three special things told by the three partners, given in the above paragraph? (b) State the context points given in the statements of the three partners. [1+3]
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Brar Reet 4 years, 3 months ago

(a) objectives of business (b) Shreya : innovation Shruti : high quality goods at fair Prices Shabnam : contribution of Community development.

???? ???? 4 years, 3 months ago

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Daksh Arora 4 years, 3 months ago

High risk in bussiness. Loss of output. Gain of output.
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Ritika Kumari 4 years, 3 months ago

Answer
  • 4 answers

Tharini Balan 4 years, 3 months ago

Hope u understand

Pallavi Jha 4 years, 4 months ago

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Yachna Singhal 4 years, 4 months ago

Hope u understand ? Have a good day

Yachna Singhal 4 years, 4 months ago

No concept have been deleted only chapters are divided in two parts. 1st term, 2nd term.
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Yachna Singhal 4 years, 4 months ago

Three departments which are not undertaken by private are as follows:- 1.Departmental undertaking 2.public corporation 3.Government companies. Because these are departments of government and also controlled by government. In it no private rules etc.will be followed thats why these are not undertaken by private. Hope u understand ? Have a good day
  • 2 answers

Keshav Rathi 4 years, 2 months ago

MOA, AOA, Prospectus

Ishika Bhatia 4 years, 4 months ago

1. MOA (Memorandum of Association) 2. AOA (Article of Association) 3. Written consent of the proposed directors to act as directors and an undertaking to purchase qualification shares. 4. The agreement, if any, with the proposed Managing Director, Manager or whole-time director. 5. A copy of the Registrar's letter approving the name of the company. 6. A statutory declaration affirming that all legal requirements for registration have been compiled with. Must be duly signed. 7. A notice about the exact address of the registered office may also be submitted. 8. Documentary evidence of payment of registration fees Hope this helps you
  • 1 answers

Sia ? 4 years, 4 months ago

Basis Business Profession Employment
Commencement Business may commence with the decision of entrepreneur. The profession may commence on completion of a degree course & by getting a certificate of practice. Employment commences on joining duty by entering into a service agreement.
Qualification No minimum qualification required before starting a business. Prescribed & professional qualification & training required. Qualification depends on the nature of the job.
Investment Capital requirement depends on the scale of business. Limited capital investment is required. No capital investment is required.
Risk In business, there is always risk & uncertainty. In the profession, there is little risk present. In employment, there is no risk involved.
Transfer of interest Transfer of interest is possible with some formalities. Transfer of interest is not possible. Not possible to transfer the service contract.
Main objective The main objective of business is to earn a profit. The main objective of a profession is to provide service. The main objective of employment is to earn income in the form of salary by satisfying the employer.
Code of conduct There is no prescribed code of conduct for business. Code of conduct is prescribed by the professional associations. The terms & conditions of service contract are applicable to an employee.
Nature of work involved It involves production, purchase & sale or exchange of goods & services. It involves the rendering of personalized services of specialized nature. It involves performing the work as assigned by the employer.
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Sia ? 4 years, 4 months ago

Five most important objectives of business may be classified are as follows: 1. economic objectives, 2. social objectives, 3. human objectives, 4. national objectives, 5. global objectives.
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Mahi Yadav 4 years, 4 months ago

Chartered accountancy is an international accounting designation granted to accounting to professional is many countries around the world, aside from the United States.
  • 2 answers

Vansh Mittal 4 years, 3 months ago

Profession

Parul Kushwaha 4 years, 5 months ago

Similarly, lawyers are engaged in the legal profession, governed by the Bar Council of India and Chartered Accountants belong to the accounting profession and are subject to the regulations of the Institute of Chartered Accountants of India.
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Ashnoor Kamboj 4 years, 4 months ago

Yes

Parul Kushwaha 4 years, 5 months ago

Yes,profession is a respectable job because it requires a special knowledge or skill for doing a particular work.
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Mahi Yadav 4 years, 4 months ago

The success of a small business depends on its ability to continually earn profits. Profits is the total revenue from sales minus the total cost of resources employed by the entrepreneur. Earning a profit is important to a small business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operation and grow its business. Companies cannot remain in business without turning a profit .

Parul Kushwaha 4 years, 5 months ago

Profit is a source of finance for expansion and diversification of business activities, A part of the profits can be retained for increasing the volume of the business. ... or goodwill of the business firms. With profit increasing over time, a business enterprise gains reputation.

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