CBSE > Class 11 > Business Studies | CBSE Board | Homework Help

Real time gross settlement is a fund transfer system where transfer of money and securities takes place from one bank to another on real time and gross settlement basis.

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Profit is a blood of the business. Explain

Posted by Shreya Reshav 3 years, 8 months ago

CBSE > Class 11 > Business Studies

3 answers

Mr. Nobody 3 years, 8 months ago

Yes,it is an essential need for any business 'cause : (i) It is the only source of income for the business people. (ii) it is the source of finance to meet expansion of business. (iii) it indicates the efficient working of the business. (iv) it shows that society approves the business. (v) it increases the reputation of the business.

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Pallavi Sengar 3 years, 8 months ago

Finance is a life blood of every business bcoz without finance businesses is not run for long period

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Purnima Verma 3 years, 8 months ago

Profit NY hota business finance hota h

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Write any Three characteristics of Employment

Posted by Vishal Kumar 3 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Purnima Verma 3 years, 8 months ago

No need of money to start. Gets reward in the form of wages or salary. Work as prescribe by the employer.

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Commercial bank provide various service to customer

Posted by Sheetal Kuntal 3 years, 8 months ago

CBSE > Class 11 > Business Studies

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Minimum number of members to form a private Company is

Posted by Vishal Kumar 3 years, 8 months ago

CBSE > Class 11 > Business Studies

5 answers

Ishu Sharma 3 years, 7 months ago

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Pallavi Sengar 3 years, 8 months ago

2 members is required

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Charchit Garg 3 years, 8 months ago

Minimum- 2 Maximum- 200

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Nikhil Dwivedi 3 years, 8 months ago

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Vishal Kumar 3 years, 8 months ago

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Explain any three function of commercial bank

Posted by Kamini Kumari 3 years, 8 months ago

CBSE > Class 11 > Business Studies

2 answers

Kamini Kumari 3 years, 8 months ago

Thanks

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Nikhil Dwivedi 3 years, 8 months ago

Accepting deposit ,granting loan ,general utility function,agency function

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. What is social responsibility? Build up arguments for and against social responsibilities.

Posted by Jagvir Patel 3 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Kartikey Verma 3 years, 8 months ago

Arguments for social responsibility 1. Business is a part of society. 2. Long term self interest of business. 3. Moral justification. 4. Creating better public image. 5. Avoidance of government. regulations. 6. Maintenance of society. Arguments against social responsibility 1. Contrary to basic function of business. 2. Conflict with profit motive. 3. Distortion in resource allocation. 4. Imposition of business values. 5. Inefficiency in the system.

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Priciples of insurance

Posted by Tushar Pandey 3 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Purnima Verma 3 years, 8 months ago

Indemnity , subrogation, mitigation, utmost good faith , insurable interest, contribution

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kanishka is a student of 11 class c s full knowledge of all characteristics of business is advising one of his friends dead business is a bed of roses so there is no harm in adopting it is air career

Posted by Ankush Rajput 3 years, 8 months ago

CBSE > Class 11 > Business Studies

0 answers

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what is meant by insurance

Posted by Aryan Chauhan 3 years, 8 months ago

CBSE > Class 11 > Business Studies

2 answers

Purnima Verma 3 years, 8 months ago

It is an agreement in which the one party is agreed to pay the amount for the loss he bear.

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Vaidehi Hammed 3 years, 8 months ago

Ans. An arrangement with a company in which you pay them regular amounts of money and they agree to pay the costs if, for example, you die or are ill, or if you lose or damage something.

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Pre and post development of nagaland

Posted by Account Deleted 3 years, 8 months ago

CBSE > Class 11 > Business Studies

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Argument against social responsibility

Posted by Mithra Murugans 3 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Aditya Maheshwari 3 years, 8 months ago

Arguments against Social Responsibilities of Business 1. Businessman should mind his Business: The only business of a devoted businessman is to do his business efficiently. He should concentrate only in his line of business. He should not get involved in the social matters. If his attention is diverted into social problems, the survival of his business unit itself shall become a question. 2. Burden of Additional Costs: The businessman should confine his activities to his business only. Any assumption beyond the economic necessities and legal obligations or stipulation would mean some additional costs. 3. Lack of Competence: The outlook of business managers is primarily economic and technological. They are not trained nor they do have possessed the requisite skills or resources to determine which project is socially desirable and needs support. Hence, if their judgment fails, the amount spent on such projects shall become a waste. 4. Dilution of the Principal Purpose: Improving economic productivity and maximizing profitability are the twin basic objectives of any business enterprise. Diversion of business interests into social actions shall amount to over looking of these two objectives. Failure to fulfill this basic mission will lead to a failure of the business both in its economic and social roles. 5. Business should not be given too Much Power: Social action programmes should be left to the Government and other Social Welfare Organizations. If business were given a chance to involve itself in such programmes also, it would lead to excessive concentration of power. 6. Deterioration of Free Enterprise Economy: Assumption of unrelated social responsibilities shall lead to the deterioration of the free enterprise economy. In a free enterprise economy, there can be or should be one and only social responsibility of business to use its resources and engage in only those activities which can increase the profits of the business enterprise. 7. Lack of Accountability: Responsibility and accountability should go together. There is no means or mechanism to ensure accountability from business to public. Hence in the absence of any mechanism, it is meaningless to talk about responsibility to the society. Such a proposition is not logical also.

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Commerce = ____ + ____

Posted by @Yush Sharma 3 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Aditya Maheshwari 3 years, 8 months ago

Trade + Aids to Trade

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Define business risk.

Posted by Priyanshu Kurrey 3 years, 8 months ago

CBSE > Class 11 > Business Studies

5 answers

Kartikey Verma 3 years, 8 months ago

Business risk is defined as uncertainties or unexpected events, which are beyond control. In simple words we can say that business risk means a chance of incurring losses or less profit than expected. These factors cannot be control by the businessmen and these can result in a decline profit or lead to a loss.

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Vaidehi Hammed 3 years, 8 months ago

Ans. The term business risks refers to the possibility of a commercial business making inadequate profits due to uncertainties - for example: changes in tastes, changing preferences of consumers, strikes, increased competition, changes in government policy, obsolescence etc.

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Aditya Maheshwari 3 years, 8 months ago

Business risk refers to probability of losses due to unforeseen circumstances and events.

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Muskan Singh 3 years, 8 months ago

Chances of inadequate profit and loss due to any cause is defined as business risk

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Alok Yadav 3 years, 8 months ago

Business Risk refers to tha inadequate PROFIT or LOSS.

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What is meant by internal trade

Posted by Khushi Sandha 3 years, 8 months ago

CBSE > Class 11 > Business Studies

5 answers

Vaidehi Hammed 3 years, 8 months ago

Ans. Trade refers to buying and selling of goods and services with the objective of earning profit. Trade which takes place within a country is called internal trade. Trade between two or more countries, on the other hand, is called external trade.

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Aditya Maheshwari 3 years, 8 months ago

Internal trade refers to buying and selling of goods or services within the geographical boundaries of a country.

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Muskan Singh 3 years, 8 months ago

The trade which takes place within the geographical limits of the country is called internal trade

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Alok Yadav 3 years, 8 months ago

Internal trade refers to the trade in which Trade takes place under the geographical limits.

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Shashwat Paliwal 3 years, 8 months ago

The trade within the boundaries of a country are known as internal trade. In this trade goods are sold and purchased inside the country

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wto was established in

Posted by Indrashis Dey 3 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Aditya Maheshwari 3 years, 8 months ago

1 JANUARY 1995

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What is joint stock company ?

Posted by Palak Singh 3 years, 8 months ago

CBSE > Class 11 > Business Studies

3 answers

Vaidehi Hammed 3 years, 8 months ago

Ans. A company whose stock is owned jointly by the shareholders.

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Aditya Maheshwari 3 years, 8 months ago

It is an artificial person having separate legal entity , perpetual succession and common seal.

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Muskan Singh 3 years, 8 months ago

Joint stock company is an organisation which invites capital from public and they work with main motive of earning profit

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What is hindu undivided family

Posted by Gautam Prajapati 3 years, 8 months ago

CBSE > Class 11 > Business Studies

3 answers

Vaidehi Hammed 3 years, 8 months ago

Ans. Hindu Undivided Family (HUF) consists of all persons directly descended from a common ancestor, and also the wives and daughters of the male descendants. The Hindu Undivided Family is treated as a 'person' under section 2(31) of the Income-tax Act, 1961, for the purpose of assessment under the Act.

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Muskan Singh 3 years, 8 months ago

The family which has some ancestral property can start their business with eldest member being karta and rest of others as coparceners is called HUF its governed by hindu succession act of 1956

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Palak Singh 3 years, 8 months ago

It is governed by Hindu succession act,1956. It has easy formation n closure. Membership is by taking birth in the family. Ancestral property should be inherited by karta and co-parcener

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Identify the source which is termed as fair weather friend?

Posted by Naman Tayal 3 years, 8 months ago

CBSE > Class 11 > Business Studies