HOTs Business Trade and Commerce Class 11 Business Studies

Question. What are the different types of economic activities?Answer : There are various types of economic activities. Namely,• Profession• Business• Employment Question. Name one economic pursuit, in which expertise is required.Answer :Profession is an economic pursuit, in which expertise is required. Question. Can fishing be contemplated as a primary industry? Answer : Yes. Question. Sort […]

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HOTs Emerging Modes of Business Class 11 Business Studies

Question. Define e-commerce.Answer : E-commerce, also called as electronic commerce or internet commerce, refers to the purchasing and selling of commodities or services utilising the internet and the transfer of money and data to perform these transactions. Question. State a significant feature of outsourcing.Answer : An important feature of outsourcing is:• The activities that are […]

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HOTs Forms of Business Organisation Class 11 Business Studies

HOTs Question. Mention 2 necessary conditions that form a Joint Hindu Family business.Answer : • At least 2 members in a family• Ancestral property to be inherited by him or her Question. Who regulates a Joint Hindu Family business?Answer : Karta Question. What is an unlimited liability?Answer : Unlimited liability involves general partners and sole proprietors who are fairly effective for […]

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HOTs Private Public and Global Enterprises Class 11 Business Studies

HOTs Question. Mention the types of business enterprise which operates in more than one nation.Answer : Companies that operate business in more than one nation are called as Multinational Companies (MNCs). However, such companies have their headquarters in one country where all the primary business activities take place. For instance, Capgemini, Amazon, etc., Question. Provide […]

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