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  • 1 answers

Yachna Singhal 3 years, 3 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 3 years, 1 month ago

MOA, AOA, Prospectus

Ishika Bhatia 3 years, 3 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 ? 3 years, 3 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.
  • 1 answers

Sia ? 3 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.
  • 1 answers

Mahi Yadav 3 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 3 years, 3 months ago

Profession

Parul Kushwaha 3 years, 4 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.
  • 2 answers

Ashnoor Kamboj 3 years, 3 months ago

Yes

Parul Kushwaha 3 years, 4 months ago

Yes,profession is a respectable job because it requires a special knowledge or skill for doing a particular work.
  • 2 answers

Mahi Yadav 3 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 3 years, 4 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.
  • 1 answers

Gopika Nambiar 3 years, 4 months ago

It is false because Profit earning is the main objective of every business . ... Profit is essential to cover costs and risks of the business and to survive and growth.
  • 1 answers

Parul Kushwaha 3 years, 4 months ago

Multinational means a company which operate in many countries.Such a company has branches, factories, workshops in different countries.A multinational coorporations is also known as a transnational corporations.Ex- coca cola,hyundia e.t.c Features 1. Contralised control- The branches of multinational companies spread in different countries are controlled and managed from the headquarters located in hometown. 2. Advanced technology- Multinational companies make use of latest technology to supply world class products. 3.Expansion of market territory-Due to its vase resources and excellent marketing skill, a multinational corporation has acess to international markets. 4.Huge capital resources-These companies operate on large sea.The assets and sales of multinational companies are quick large.
  • 3 answers

Preeti Dabral 3 years, 4 months ago

No, selling of play station by Shyam is a single time transaction and it is nowhere given that he has the intention to continue this as a business activity so, it will not be considered as a business activity. To be a business activity, dealing with goods must be on a regular and recurring basis. The feature highlighted in the given example is ‘Dealing in goods and services on a Regular Basis’.

Simran Kaur 3 years, 4 months ago

No . Selling of Play station is not a business . As business is done at regular intervals . Without regularity selling is not called as business . The main feature highlighted here is Regularity in dealing .

Shivam Tayal 3 years, 4 months ago

No selling of play station by shyam
  • 2 answers

Afrin Nisha 3 years, 4 months ago

All income and gains should be come on cr coloumn

Kunwerjeet Singh 3 years, 4 months ago

Credit is a thing which we take as liability and we are to pay for it later
  • 1 answers

Sia ? 3 years, 4 months ago

  • Government service.
  • Education service.
  • Health service.
  • Entertainment service.
  • Hotels and Restaurants.
  • Retail. This conversation is already closed by Expert.
  • 1 answers

Sia ? 3 years, 4 months ago

Please ask question with complete information.

  • 2 answers

Simran Kaur 3 years, 4 months ago

Business risk refers to the possibility of inadequate profits or even losses in the business because of uncertainty.

Rishabh Jain 3 years, 4 months ago

Business risk is the exposure a company or organization has to factor that will lower its profit or lead it to fail Anything that threatens a company's ability to achieve its financial goals is considered a Business Risk
  • 1 answers

Sia ? 3 years, 4 months ago

<a href="https://mycbseguide.com/course/cbse-class-11-business-studies/1740/">https://mycbseguide.com/course/cbse-class-11-business-studies/1740/</a>

  • 1 answers

Preeti Dabral 3 years, 4 months ago

Various steps for the recovery of future or upcoming losses should be taken for risk minimization. Risk can't be eliminated as it is an essential part of every business and profit is the reward of risk bearing.

  • 1 answers

Sia ? 3 years, 4 months ago

Business enterprises face two types of risks namely, Speculative and pure risks Speculative risks may arise due to change in market conditions that are caused by fluctuations in demand and supply, price change and also based on changes in tastes of consumers. Favourable conditions may result in profits in business while unfavourable conditions may result in losses Pure risks include only the possibility of two conditions, loss or no loss. For example, the situations of theft, fire and strike. Their occurrence may result in loss or their non occurrence may result either in loss or gain

Sunil may give suggestions to Mr. Kapil that every business has certain degree of risks and it is highly dependent on volume of production, and may also advise him to start the business in small scale with small volume of production and can increase if the market for the products pick up in the market

  • 1 answers

Sia ? 3 years, 4 months ago

a) Karan running grocery shop is a  business activity where the retailers or wholesalers gets the goods and services from the manufacturers to the consumers.

Priyanshu works as a finance manager in a reputed IT company is in charge of the financial activities of the company.

  • b) The  grocery shop should satisfy the needs of  nearby local market.
  • The daily activities of management includes purchasing, restocking, accounting and selling.
  • Grocery shop offers low price to customers.
  • They have to restock the perishable goods.
  1. Financial manager must ensure enough funds are available for business.
  2. He should achieve safety of investment and secure maximum profit.
  3. He should credit worthiness and good image of business.
  4. He should raise funds at lowest possible cost.

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