Welcome to the Chapter 2 - Forms of Business Organisation, Class 11 Business Studies - NCERT Solutions page. Here, we provide detailed question answers for Chapter 2 - Forms of Business Organisation.The page is designed to help students gain a thorough understanding of the concepts related to natural resources, their classification, and sustainable development.
Our solutions explain each answer in a simple and comprehensive way, making it easier for students to grasp key topics and excel in their exams. By going through these Forms of Business Organisation question answers, you can strengthen your foundation and improve your performance in Class 11 Business Studies. Whether you're revising or preparing for tests, this chapter-wise guide will serve as an invaluable resource.
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What factors are to be considered while starting a business? Explain.
Discuss the development of indigenous banking system in Indian subcontinent.
What were the different types of Hundi in use by traders in ancient times?
Define Industry. Explain various types of industries giving examples.
Why is business considered as economic activity?
List the major exports and imports in ancient India.
Define business. Describe its important characteristics.
State the different types of economic activities.
Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer.
Evaluate the need for outsourcing and discuss its limitations.
Describe various types of insurance and examine the nature of risks protected by each type of insurance.
1. A government company is any company in which the paid up capital held by the government is not less than
(a) 49 per cent (b) 51 per cent
(c) 50 per cent (d) 25 per cent
2. Centralised control in MNC’s implies control exercised by
(a) Branches (b) Subsidiaries
(c) Headquarters (d) Parliament
3. PSE’s are organisations owned by
(a) Joint Hindu family (b) Government
(c) Foreign Companies (d) Private entrepreneurs
4. Reconstruction of sick public sector units is taken up by
(a) MOFA (b) MoU
(c) BIFR (d) NRF
5. Disinvestments of PSE’s implies
(a) Sale of equity shares to (b) Closing down private sector/public operations
(c) Investing in new areas (d) Buying shares PSE’s
6. The equity-based joint venture does not include
(a) Cooperative development (b) Company
(c) Partnership (d) Limited liability partnership
Describe briefly any two applications of e-business.
Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer.
What is Hundi?
List the major exports and imports in ancient India.
State the meaning of business.
Discuss the development of indigenous banking system in Indian subcontinent.
What are the ethical concerns involved in outsourcing?
Explain in detail the warehousing services.