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2 Mark Questions
What is the meaning of the term
‘businesses’
What is the meaning of the term sole
proprietorship business?
What is meant by social
responsibility of a business?
What is 'profession'?
What is e-banking
What is meant by ‘partnership at
will’?
What is meant by commercial bank?
What is the meaning of primary
industries?
What is the function of ‘consumer’s
cooperative societies’?
What are the resources required for
successful implementation of e-business
What is meant by tertiary industry?
3 Mark Questions
Discuss any THREE limitations of
e-business
Distinguish between business,
profession and employment
Discuss innovation as an objective
of business
Discuss any TWO merits of Joint
Hindu Family Business
Discuss economic causes causing risk
for a business?
Write a short note on outsourcing.
Mention TWO limitations of Joint
Hindu Family Business
Discuss primary, secondary and
tertiary industries
What is meant by Joint venture
Mention some of the factors you
would take into account while choosing a form of organization.
Write a short note on the causes of
business risks
4 Mark Questions
Discuss the features of sole trading
business
What is meant by limited partnership
What is meant by 'spreading of
risk'?
What is Government company? What are
the merits?
Explain any THREE features of Joint
Hindu Family business
Explain the different types of
partners
Explain the meaning of 'limited
liability'
What is the function of 'consumers'
cooperative society?
Explain the auxiliaries to trade
Discuss the merits of global
enterprises
What are the demerits and global
enterprises
What is producer's cooperative
society?
Distinguish between ‘profession’ and
‘employment’
5 Mark Questions
Discuss the objectives of business
What is partner by estoppel?
Discuss the features of departmental
undertakings
Discuss the merits of departmental
undertakings
What are the functions of insurance?
What are the limitations of
departmental undertakings
Discuss five characteristics of
business
What are the resources required for
setting up a successful e-business?
Discuss the difference between
private and public limited companies
What are the factors to be taken
into account for starting a business?
Discuss the features of Joint Stock
Companies
What are the features of global
enterprises?
Explain any FIVE principles of
insurance
6 Mark Questions
What are the merits of sole
proprietorship business?
Compare between partnership and a
cooperative society
Discuss the demerits of sole
proprietorship business.
Discuss the merits of Partnership
business
What is partnership deed? What is
the conternt?
What are the functions of commercial
banks?
What are the benefits of e-business?
Discuss the demerits of Partnership
Business.
Explain the features of a
Cooperative Society
What are the merits of a Cooperative
Society?
What are the merits of Joint Stock
Companies?
What are the limitations of Joint
Stock Companies?
Briefly discuss the various forms of
public sector undertakings
Discuss the merits of ‘Statutory
Corporations’
Discuss the features and merits of
Global enterprises
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