VIBGYOR INTERNATIONAL SCHOOL, PILKHUWA

SUMMER BREAK ASSIGNMENT (2023-24)

XI : Business Studies (054)

General Instructions:
1. This assignment is based on Chapter Evolution and Fundamentals of Business.
2. Revise the chapters mentioned above and do this assignment in your MTP Notebook
creatively in a good hand.
3. Submit the Holiday Assignment on 1 July 2023
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1. Give any one example of Genetic Industry.
2. Mr. Akash wanted to start business of supplying readymade garments. But he was wondering
about how much profit or return on investment he would be able to learn. This situation reflects
which characteristic of business?
3. Which of the economic activity is directed towards producing or acquiring wealth through buying
and selling of goods?
4. After doing B.Sc. Mohan has decided to start Poultry Farm. Due to his good behavior and hard
work his business in increasing day by day. He has started sending egg to another country
also.
(a) Which kind of industry he has started? Explain with one another example.
(b) Which type of external trade is discussed here?
5. Explain the importance of profit in business.
6. Show the classification of Business with the help of a diagram.
7. Differentiate between Business and Profession. Any five points with basis.
8. Explain the various characteristics of Business.
9. Mr. Bhuvan is a Chartered Accountant in a Multinational Company. He gets 85,000 per month as
his salary. On weekends, Mr. Bhuvan goes to nearby village and teaches some slum children, he
does not charge anything from them, he does it out of sympathy and concern for poor children.
This gives him mental and psychological satisfaction.
(a) Working as CA in a MNC refers to which type of human activity.
(b) Teaching students in slum is which type of human activity.
10. Identify the following as traits of business, profession and employment:
(a) Hari sells mobile phones on behalf of his employer.
(b) It requires minimum academic and other qualifications.
(c) A hawker sells toys for children outside a function.
(d) Sanjay is an advocate of High Court.
(e) Dhruv is the manager of a Mobile Company.
(f) A person repairs scooters on roadside.
(g) Shyam works as a Sales Executive in a mobile company.

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