Question : For the successful running of a business it is necessary to determine the amount of working capital. Do you agree? If yes, then give reason in support of your answer.
Answer : Yes , working capital is required for maintaining day to day activities.
Question : Write a short note on the following ways to fund start up i. Incubators ii. Accelerators
Answer : Incubators provide funds for start ups in the early stage of its business accelerators help the start ups to run or to take a giant leap in business.
Question : Mention any two points that differentiate domestic business from international business.
Answer : 1.nationality of buyers and sellers
2.currency used in business (any other two points 1 mark each)
Question : Wholesalers serve two way purpose by providing warehousing facilities. Comment.
Answer : Wholesalers take delivery of goods when these are produced in factory and keep them in their god owns Warehousing by wholesalers relieves the retailers of the work of collecting goods from several producers.
Question : Shubham Ltd has decided to expand its production capacity by modernising its plant and machinery at an estimated cost of Rs.2 Crore. It does not have adequate reserves to finance the expansion. Suggest any three sources of finance for the company.
Answer : Debentures
Preference shares ( with explanation)
Question : There is a very famous shopping complex ‘Great India Palace’ in Noida. Varied types of products are available here under one roof. Customers not only purchase the products, entertainment and food. Identify this chief organization of retail trade and state its two features.
Answer : Any two features of Departmental stores
Question : How does international trade help nations to improve on economic variables such as employment, foreign exchange and efficient utilisation of resources?
Answer : Three variables with correct explanation
Question : Explain briefly the following types of Intellectual Property Rights
Answer : Patent :It is an exclusive right granted by the government to
prevent others from making, using, offering for sale, selling or importing the invention Trademark. Any word, name, or symbol that gives an identity to goods or service made by an individual, company Copy right: It is the right to “not copy” conferred upon the creators of literary, artistic, musical, sound recording, films etc.
ii small enterprise
iii Medium enterprises with explanations