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Full form of FOB

Posted by Asamanya Ankita 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 5 years, 9 months ago

Free on Board (FOB)

It is an international shipping agreements used in the transportation of goods between a buyer and a seller.

It indicates whether the seller or the buyer is liable for goods that are damaged or destroyed during shipping.

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In which form of organisation is trade agreement made by one owner binding on the other give reasons to support your answer

Posted by Ambika Chourasiya 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Bhoomika Chadha 5 years, 9 months ago

Partnership

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ANSWER

What is moa please comment in simpel language

Posted by Shubham Kmr 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Sakshi Sharma??️??️ 5 years, 9 months ago

A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders.

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ANSWER

"Risk in business is not by choice but a compulsion"comment

Posted by Feny Gandhi 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Ambika Chourasiya 5 years, 9 months ago

Risk ni the business can be reduced but cannot becompletely eliminated Degree of risk depend on nature and size of busines for eg:A LARGE scale industry has more risk compared to small scale industry .similarly a fashion industry has more risk in relation to a textile industry

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ANSWER

Concept of business

Posted by Nitin Sharma 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 5 years, 9 months ago

business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors. A business concept may involve a new product or simply a novel approach to marketing or delivering an existing product.

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Why small scale industries help regional disparity?

Posted by Khushi Gupta 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 5 years, 9 months ago

This can be explained in the context of the following statement:
1.government provide various concessional /grants for setting up industry in region where there is no industry .Thus to get benefit they set up there and remove regional disparity
2.Large scale industry (like rourkela steel)is often established close to the source of raw material .This is because raw material requirement of large scale industry is very huge .Its transportation from distant place implies high cost of production .SSI, on the other hand ,shows locational flexibility. It is therefore referring to inter-regional equality

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What are the main document used in internal trade ??

Posted by Himani ?? 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 5 years, 9 months ago

Following documents are used in internal trade :
1. Performa Invoice,
2. Invoice,
3. Debit Note,
4. Credit Note,
5. Lorry Receipt and
6. Railway Receipt.

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ANSWER

What is ATM

Posted by Monu Sharma 5 years, 9 months ago

CBSE > Class 11 > Business Studies

2 answers

Harsh Panchal 5 years, 9 months ago

ATM-stands for automatic teller machine. -It is a type of banking system which provides 24×7 days service to its costmers.

2Thank You

Khushi Gupta 5 years, 9 months ago

Automated teller machine is a type of vending machine

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ANSWER

Explain Process ofFormation of company

Posted by Uma Adiga 5 years, 9 months ago

CBSE > Class 11 > Business Studies

2 answers

Ravi Sidhu Sidhu 5 years, 9 months ago

Promotion Incorporation Capital subscription Commencement of business

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Ajay Rai 5 years, 9 months ago

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ANSWER

Name two human causes of business risk?

Posted by Gursimranjeet Kaur 5 years, 9 months ago

CBSE > Class 11 > Business Studies

3 answers

Harsh Agrawal????☺☺ 5 years, 9 months ago

Dishonesty of employee and Dissatisfaction b/w workers and manager

1Thank You

Om Prakash 5 years, 9 months ago

Theft,strikes

0Thank You

Shivam Agrawal 5 years, 9 months ago

Bear the losses, damage the product,

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ANSWER

Describe the scope of international trade to the nation and business firm

Posted by Ahmed Hassan 5 years, 9 months ago

CBSE > Class 11 > Business Studies

0 answers

ANSWER

What are speciality shops?

Posted by Tushar Singh 5 years, 9 months ago

CBSE > Class 11 > Business Studies

2 answers

Yanshi Dhawan 5 years, 9 months ago

Speciality shops refers to those shops in which the product are there in a single line that is known as speciality shops for example women's wear, school uniform

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☘Megha Seervi☘ 5 years, 9 months ago

specialty shops specialise in the sale of specific line of products (only one type of goods)Eg: men's wear, school uniform

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ANSWER

What are the source of income

Posted by Deepak Srinivas 5 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Harsh Harsh 5 years, 9 months ago

Profit

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ANSWER

Ch no 7formation of a company is not there

Posted by Nitin Kajla 5 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Sakshi Sharma??️??️ 5 years, 10 months ago

It is included in chapter 2 i.e. FORMS OF BUSINESS ORGANISATION

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ANSWER

"Business risk can be minimised but can't be eliminated ".Which aspect/feature of business risk is depicted by this statement?

Posted by Diya Patel 4 years, 7 months ago

CBSE > Class 11 > Business Studies

2 answers

☘Megha Seervi☘ 5 years, 10 months ago

Element of risk- No business can altogether do away with risks

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Harsh Panchal 5 years, 10 months ago

This statement depicts the business risk that business risks are unavoidable.

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What is the scope of small business

Posted by Priya Ag 5 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 5 years, 9 months ago

Defining small scale industry is a difficult task because the definition of small scale industry varies from country to country and from one time to the another in the same country depending upon the pattern and stage of development, government policy and administrative set up of the particular country. Every country has set its own parameters in defining small scale sector. Generally, small scale sector is defined in terms of investment ceilings on the original value of the installed plant and machinery. But in the earlier times the definition was based on employment. In the Indian context, the parameter are as follows. The Fiscal Commission, Government of India, New Delhi, 1950, for the first time defined a small-scale industry as, one which is operated mainly with hired labour usually 10 to 50 hands. Fixed capital investment in a unit has also been adopted as the other criteria to make a distinction between small scale and large-scale industries. This limit is being continuously raised upwards by Government.

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Briefly explain the export trade procedures.

Posted by ☘Megha Seervi☘ 5 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

ANSWER

Export Procedure

Posted by Yash Aggarwal 5 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

ANSWER

Is farmer a business ,profession or employment..???

Posted by Himani Malhotra 5 years, 10 months ago

CBSE > Class 11 > Business Studies

4 answers

Neha _ 5 years, 9 months ago

Business

1Thank You

Harsh Panchal 5 years, 9 months ago

Farmer is a profession because farmer needs some specialised knowledge about the crops .?☘️?????

0Thank You

Yanshi Dhawan 5 years, 9 months ago

Employment

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Bobby Dhillon 5 years, 10 months ago

profession

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Explain formation of company

Posted by Nidhi Rajawat 5 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 5 years, 9 months ago

The formation of a company is a lengthy process. For convenience the whole process of company formation may be divided into the following four stages: 1. Promotion Stage 2. Incorporation or Registration Stage 3. Capital Subscription Stage 4. Commencement of Business Stage.

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Define Principle of Indemnity

Posted by Vikram Rao 5 years, 10 months ago

CBSE > Class 11 > Business Studies

2 answers

Gursimranjeet Kaur 5 years, 9 months ago

According to this principle, insurance is not a contract of making profit . The purpose of insurance is to bring back the insired in same financial position as he was before the loss.

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Urvashi Porwal 5 years, 10 months ago

It is the security against loss

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Mr. X is interested in floating a company. Discuss the steps he should take

Posted by Ankit Roy 5 years, 10 months ago

CBSE > Class 11 > Business Studies

0 answers

ANSWER

What is a general company??

Posted by Anant Sareen 5 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 5 years, 10 months ago

The general company is the first part of the business plan that will actually be written. This section follows the executive summary and is the second part of the business plan. This section provides a general direction of the business and outlines the company for potential investors or potential partners. In this section you can include details about your business, your business structure, and your business’ core values.

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By which name has members of joint Hindu family as known?

Posted by Mansi Lakhchora 5 years, 10 months ago

CBSE > Class 11 > Business Studies