LAKSHITA COACHING CENTER
SUB-BUSINESS STUDIES
CLASS-XI
TIME ALLOWED:-3hrs M.M:-90
General instructions:
a) All questions are compulsory.
b) Writing should be neat and clean.
- Why are equity shareholders known as ‘residual owners’?
- Why is there no tax saving in case of preference shares?
- How has the development of professional managerial class forced business to assume its social responsibilities?
- "Unexpected increase in competition" relates to which type of cause of business risk?
- What does statutory Declaration state?
- What do you mean by partner by estoppel?
- Auxiliaries to trade activities are referred to as services because these are in the nature of facilitating the activities
- relating to industry and trade. Name the activity that ensures continuous supply of goods and helps in maintaining reasonable level of prices.
- Name the principle that governs the working of cooperative societies. Ms. Stuti wants to start a retail business of fashionable items. But she is hesitating as she is aware of risks which are inherent in every business. She approaches her friend Ms. Pankhu who is the owner of a retail shop. Ms Pankhu advises her to opt for business and suggests certain methods to minimise risks.
