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Under this industry new products are manufacturing by using the previously produced things e.g. production cotton is a primary industry and manufacturing cloth out of cotton is a secondary industry.

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What are the chambers of commerce

Posted by Raj Singhaniya 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 7 years ago

The Chamber of Commerce and Industry was formed as an association of business and industrial houses to promote and protect their common interest and goals. There are other chambers also like ASSOCHAM, Confederation of Indian Industry (CII). These chambers interact with the government at different levels to reorient or put in place polices which reduce hindrances, increase interstate movement of goods in internal trade.

The chambers also aims at erecting sound infrastructure and simplying and harmonising the tax strcuture. They work for the following issues:

1. Transportation or Inter-state movement of goods : They work for many activities involved in inter-state movement of goods including registration of vehicles, surface transport policies, construction of highways and roads etc.

2. Octroi and other local levies : Octroi and local taxes are the important sources of revenue of the local government. The chambers tries to should ensure that their imposition not at the cost of smooth transportation and local trade.

3. Harmonisation of sales tax structure and Value Added Tax : These Chambers play an important role in interacting with the government to harmonise the sales tax structure in different states. A rational strcuture of the sales tax and its unifrom rates across states are important for promoting a balance in trade.

4. Marketing of agro products and related issues : The associations of agriculturists and other federations play an important role in the marketing of agro products. Chambers of Commerce helps in streamlining of local subsidies and marketing policies of organisations selling agro products.

5. Weights and Measures and prevention of duplication brands : The Chambers of Commerce and Industry interact with the government to formulate such laws relating to weights and measures and protection of brands that could be beneficial for both producers as well as consumers.

6. Excise duty : The excise policy plays an important role in pricing mechanism and it is the duty of the Chamber to interact with the government to ensure streamlining of excise duties etc.

7. Promoting sound infrstructure : The Chamber of Commerce and Industry in association with government tries to build up heavy investment projects.

8. Labour legislation : The Chambers of Commerce and Industry tries to maintain such kind of labour laws that should be flexible and helpful in running industries, maximising production and generating employment.

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Explain the term of "history of commerce"?

Posted by Yaser Siddiquee 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Somil Khandelwal 7 years ago

Commerce is defined by the Business Dictionary as being the exchange of money for goods or services. While it's true that "commerce" can be applied to any transaction, most of the time when people think of commerce, they think of large-scale buying or selling. These transactions often require products to be transported from place to place or even from country to country. Commerce involves politics, economics, technology, culture, society, and the legal system. Another way of defining commerce is that it is the part of business that includes all institutions, functions, and activities that involve moving goods to consumers from producers. Commerce is a part of all countries and communities. Any time one person trades something they've found or made for something else, commerce is occurring on a very small level. When done properly, commerce can help improve the standards of living for a country's citizens and improve its relations with other countries. When it's not regulated, big businesses can gain control of the market, manipulating it for their own benefit and driving smaller businesses into bankruptcy. Commerce - the Wikipedia entry on commerce. Starting a Successful eCommerce Business - 6 tips for eCommerce. Dictionary.com - the definition of commerce. Commerce at Investopedia - more information on what commerce is. U.S. Department of Commerce - the regulatory organization for U.S. commerce

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Mohan sales his old dressing table on OLX for rs. 4000 . Is it a business activity ? Justify.

Posted by Baby Mishra 7 years ago

CBSE > Class 11 > Business Studies

2 answers

Mayank Bansal 7 years ago

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Yash Kumar 7 years ago

No its not an business activity because business activities are those activities in which buying and selling of goods take place on regular basis

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Classify micro medium and small enterprises under m s m e d act 2006

Posted by Aman Singh 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Saif Amir 7 years ago

According to msmed act 2006 small interprises is defined as one where the investment in plants and machinery is more than 25 lackhs but doesn't exceed above 5 crore. It hav small labour. Small machinery and small profit etc

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Difference Between certificate of incorporation and certificate of commencement of business

Posted by Harsh Rawat 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Gayatri Nanda 7 years ago

After entering the name of the company in the register, the registrar issues a certificate of incorporation. From this date onwards the company is considered aa a separate legal entity. After subscribing the securities and receiving the minimum subscription, the company applies to the registrar to issue the certificate of commencement of business.

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Business ethics

Posted by Anjali Solanki 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 7 years ago

It refers to socially determined moral principles which govern the activities of a business

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Business ethices

Posted by Kumar Kishlay 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 7 years ago

It means the ideals to be adopted in the field of business. In respect of business, it means dischargings of responsibilities in respect of all the parties.

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Can anyone help me to learn the establishment dates of the special financial institutions please

Posted by Aman Verma 7 years ago

CBSE > Class 11 > Business Studies

0 answers

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Taniya is practicing law and handled some cases also, it is a profession or employment or an business activity?

Posted by Dolly ?️ 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Deepanshi Chauhan 7 years ago

It is a profession as the motive of profession is to serve different sections of the society.

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Meaning of business

Posted by Sairabh Poddar 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Dolly ?️ 7 years ago

It refer to an occupasion in which people are regularly engaged In activities related to buying and selling of good and services.

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Explain the terms used in external trade; 1 CRF 2 FOB 3 CIF

Posted by Dolly ?️ 7 years ago

CBSE > Class 11 > Business Studies

3 answers

Ajit Kumar 7 years ago

First one is 'comany registration form'

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Rajat Sharma 7 years ago

1 Cost and Freight

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Rajat Sharma 7 years ago

2 Free on board 3 Cost Insurance Freight 1 -------- don't know

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Explain the principle "insurable interest".

Posted by Dolly ?️ 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Pranjal Tripathi 7 years ago

It is must that the insured has insurable interest in the property, object or life which is insured i.e, insurable interest is the subject matter of insurance. Insurance does not cover the property, object or life but it covers the potential loss which the insured might suffer due to risk of loss in such property, object or life.

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on which should a person invest -equity shares,preference shares,debenture or public deposit

Posted by Yuvi A 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Pranjal Tripathi 7 years ago

Debentures

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What is international buisness

Posted by Abhishek Bhati 7 years ago

CBSE > Class 11 > Business Studies

3 answers

Dhruvi Samar 7 years ago

Buying and selling good outside the country is know as international trade on other hand taking goods from one country and selling it to other us known as external trade

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Dolly ?️ 7 years ago

Buying and selling of goods and services out side of country in called international trade.

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Aditya Jat 7 years ago

Firstly tell difference between international business and external trade

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Name the person who keep his identity secret from others

Posted by Nikhil Kumar 7 years ago

CBSE > Class 11 > Business Studies

2 answers

Dhruvi Samar 7 years ago

Secret partner

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Pranjal Tripathi 7 years ago

Secret Partner

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What is meant by Memorandum of Association ?

Posted by Rattandeep Singh 7 years ago

CBSE > Class 11 > Business Studies

2 answers

Harsh Panchal 7 years ago

Memorandum of association is an important document of the company which defines the objectives of the company.??

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Yuvi A 7 years ago

It refers to that basic document of the company in which those conditions are stated on the basis of which company is in corporate

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What is sole business

Posted by Shiv Garg 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Pranjal Tripathi 7 years ago

A sole trader is a person who carries on a business exclusively on his own account and at his own risk

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all the best for your exams are

Posted by Aashu Sheikh 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Harsh Panchal 7 years ago

Thanks??

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Explain the types of the letter of credit

Posted by Aditya Singh 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Deepanshi Chauhan 7 years ago

Documentary letter of credit-It is a type of L/C in which the importer's bank ask the exporter to give all the necessary documents to the bank instead of giving it to the individual. Clean letter of credit-The necessay documents are directly sent to the importer.

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State two types of foreign investments

Posted by Mohan Rawat 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Dolly ?️ 7 years ago

ADR & GDR

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A person repairing scooter on road side it is a business profession or employment?? Why give reason

Posted by Dolly ?️ 7 years ago

CBSE > Class 11 > Business Studies

3 answers

Deepanshi Chauhan 7 years ago

It is a business because he deals in it on a regular basis.

1Thank You

Kanak Mangla 7 years ago

Bcz y repairing regular basis pr nii krta..

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Kanak Mangla 7 years ago

It is not business...

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Difference Between wholesaler and retailer

Posted by Nikhil Kumar 7 years ago

CBSE > Class 11 > Business Studies

2 answers

Aryan Raj 7 years ago

Retailer sell variety of goods Retailer sell according to demand of consumer Wholesaler sell only one line of product Wholesaler sell product in bulk

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Harsh Panchal 7 years ago

wholesaler is a person who buy and sell the goods and services in large quantities for the purpose of research for intermediate use . Wholesaler act as an important link between manufacturer and retailer. where is retailer buy goods in large quantities from the wholesaler and sell them in small quantities to the ultimate consumers . ??

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What is the most important chapter to prepare for exams plz help only one day left

Posted by Aman Verma 7 years ago

CBSE > Class 11 > Business Studies

2 answers

Yash Thakur 7 years ago

Jyoti is right

3Thank You

Harsh Panchal 7 years ago

Private public and global enterprises, business services, sources of business finance , small business , international trade.??

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Business studies of class 11std commerce classification of business activities

Posted by Yash Dholkia 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Harsh Panchal 7 years ago

Business activities are classified into industry and commerce.??

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Do you think that small business unit can survive in a competitive market ? explain any four factors which make way for the scope of small business Enterprises. a identify the concept which defines the scope of business activities undertaken by Lakshmi b explain any four benefits of that concept

Posted by Rain Of Gyan 7 years ago

CBSE > Class 11 > Business Studies

0 answers

ANSWER

Element of business ethics

Posted by Dinesh Kr Bhagat 7 years ago

CBSE > Class 11 > Business Studies

1 answers

Harsh Panchal 7 years ago

Elements of business ethics are top management commitment, publication of code, establishment of compliance mechanism, employee involvement, measuring results.??

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