Professional Documents
Culture Documents
CLASS: XI (2023-24)
ASSIGNMENT
DATE OF SUBMISSION: 23-09-2023
SUBJECT: BUSINESS STUDIES
LEVEL-1
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c) Statement I is true and II is false
Q5. What is EFT? Name the two ways in which EFT can be done.
Q6. Which of the following is NOT a factor considered by promoters
when selecting a company's name?
a) Availability of domain names
b) Uniqueness and distinctiveness
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c) Length of the name
d) Historical significance
LEVEL-2
Q1. Explain the role of Business in Environmental Protection.
Q2. Differentiate between goods and services on the basis of the following
a) Involvement
b) Intangibility
c) Inseparability
d) inventory
LEVEL-3
Q1.XYZ Garment Factory is a clothing manufacturer known for its
affordable products. However, reports have surfaced of poor working
conditions, low wages, and extended working hours for employees in
their overseas factories. XYZ Garment Factory argues that these practices
are necessary to keep costs low and offer affordable clothing to
consumers.
From the above paragraph identify which code of business ethics is
violated here and explain .
Q3. Maya and Kabeer are commerce students. One day they were
discussing about social responsibility. Kabeer told Maya that his father
pays taxes on time and never disregards the laws laid down by the
government. So, he is fulfilling his social responsibilities. But Maya told
him only fulfilling one’s legal responsibilities is not social responsibilities.
Also mentioned other type of responsibility not mentioned here.
Who, according to you, is correct? Give reason to support your answer.
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Q4. A person gets his stock with Rs.25, 000 insured for Rs.35,000. A fire
occurs and the whole stock is damaged. The insurance company will pay
him only Rs.25, 000, the actual value of his stock and not Rs.35, 000. Which
principle of insurance is applied in this case? Explain.
Q5. In order to be competitive, business enterprises are becoming more
and more dependent on specialised business services. Business
enterprises look towards services for availability of funds; It also looks for
getting their plant, machinery, goods, etc., insured; and to keep in touch
with their vendors, suppliers and customers.
From the above given information, identify and explain in detail the types
of business services.
Q6. Explain the various principles of insurance.
Q7. What is meant by the term ‘promotion’? Discuss the functions of a
promoter.
Q8. List and explain five real life situations that persuade the businessmen
to consider their social responsibilities.
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