Class 11 Business Studies - Chapter Emerging Modes of Business NCERT Solutions | Discuss the benefits and limitations of

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 briefly the data storage and transmission risks in e-business.

Why are e-business and outsourcing referred to as the emerging modes of business? Discuss the factors responsible for the growing importance of these trends.

What are the ethical concerns involved in outsourcing?

Discuss the salient aspects of B2C commerce.

Describe briefly any two applications of e-business.

How does outsourcing represent a new mode of business?

Elaborate the steps involved in on-line trading.

State any three differences between e-business and traditional business.

What is the role of promoters in the formation of a company?

Define services and goods.

1. The structure in which there is separation of ownership and management is called
(a) Sole proprietorship (b) Partnership
(c) Company (d) All business organisations

2. The karta in Joint Hindu family business has
(a) Limited liability (b) Unlimited liability
(c) No liability for debts (d) Joint liability

3. In a cooperative society the principle followed is
(a) One share one vote (b) One man one vote
(c) No vote (d) Multiple votes

4. The board of directors of a joint stock company is elected by
(a) General public (b) Government bodies
(c) Shareholders (d) Employees

5. Profits do not have to be shared. This statement refers to
(a) Partnership (b) Joint Hindu family business
(c) Sole proprietorship (d) Company

6. The capital of a company is divided into number of parts each one of which are called
(a) Dividend (b) Profit
(c) Interest (d) Share

7. The Head of the joint Hindu family business is called
(a) Proprietor (b) Director
(c) Karta (d) Manager

8. Provision of residential accommodation to the members at reasonable rates is the objective of
(a) Producer’s cooperative (b) Consumer’s cooperative
(c) Housing cooperative (d) Credit cooperative

9. A partner whose association with the firm is unknown to the general public is called
(a) Active partner (b) Sleeping partner
(c) Nominal partner (d) Secret partner

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

List any five major commercial cities of ancient India?

What is meant by Social Responsibility in Business?

Define 'Memorandum of Association' and its significance.

What is e-banking. What are the advantages of e-banking?

What is Hundi?

What are the causes of environmental pollution by businesses?

Explain the social responsibilities of a business towards various stakeholders.

What is the nature of services in business?

What is warehousing?

Analyze the factors influencing the choice of a business organization with examples.

Describe the importance of insurance in business.

List the principles of insurance.

List the major exports and imports in ancient India.

What is Hundi?

Compare business with profession and employment.

What is meant by Social Responsibility in Business?