Wajaag Apeejay School - Pitampura Half Yearly Examination Class: XI Subject: Business Studies Date: September2018 Time: 3 hours MM: 90 General Instruction: ’ 4. Answer the questions carrying 1 mark maybe from one word to one sentence. 2. Answer the questions carrying 3 marks maybe from 50 to 75 words. 3. Answer the questions carrying 4-5 marks may be about 150 words. 4. Answer the questions carrying 6 marks may be about 200 words. 5. Attempt all parts of the questions together a State any two things which should be considered to measure market standing _| 1 2 ‘Anmol insured his factory for Rs 10 lakhs against fire. Due to fire he suffered loss | 1 ‘of 6 lakhs how much amount he can recover from insurance company and why? Explain the principle |3____| Define E-commerce z 4 In order to reduce the cost, an organization Is planning to reduce charity given to) 1 the social and religious institution. What is the basic concept which business Is not following? 5 Xitd offers 10,000 shares of Rs 10 each to public jwhile application are received | 1 | for only 8000 shares .Can company X go ahead with the allotment ? Give reasons. Te Define ‘Association Clause ‘ of Memorandum of Association. 1 7 | Explain any two elements of fire insurance 3 @ | what is the importance of certificate of commencement of business? 1 9 Explain briefly “Productivity” and Efficient Managerial Performance and 3 Development as objectives of business. 70 | Gun has decided to set up a dairy food processing unit in gwalior. While working | 3 ‘on her plan, she realized very soon that 2 business enterprise is greatly dependent on sp cd business services Explain any two such specialized business services which are indispensible for a business services. iL uss the salient aspect of 82C commerce. 3 12 | Explain the utility of smart card in context of bank. BB Page 2 of by13 Identify the form of business organization in which Gecsions are made by 3 members on the principles “Iman 1 vote’ and explain any five merits of it, 14 of giving bank overdraft and cash credits, Explain these [3 facilites and make distinction between two (any two) "is Rahul a diploma holder in fashion technology started his business of 4 Convert the sole trader form into partnership form 2 what benefits (any two) he will lose in converting his Present form of Organization into the proposed form 2 what will be the benefits (any three)brought by the change in readymade garments 16 Witd is running a website for selling gift items and getting orders from all over 4 the country. Recently the company got the order of 100 gift items from the X Ltd company to give to its employees When W Ltd delivered the order X Itd refused to take it stating that they are tngetent from the one they have ordered, W Ltd had to take back the ac as they do not have the proper record of iterns’ a) Explain and state the risk faced by W Ltd. 5) Explain the other two risks related to e business apart from the one identified in (a) above “Communication can be defined as a process oF exchange of ideas ,facts and 4 feeling” in.context of above explain any four telecom services 1B Mr. Anand, your friend has started a new business. He decided toopena [4 bank account with SBI.He had only a vague idea about the type of the most favourable account for him. @) Which account you will advice him to open also give any two benefits of that account.(2)* ®) Also explain any other two banking accounts provided by the banks(2) [a9 Tastes bud Private Itd is a popular food and beverages maker in dia Itis 4 Planning to launch two new soya base snack brands : Mingle and Tingle in order {0 tap India’s fast growing health traditional snack market. This strategy will help the company to take on major domestic market which has 28% market share. In context of above case; {2) Define the term Business risk?(1) (®) Which type of business risks involved in the decision of Taste Buds Pvt, Lid to launch the new product? Explain 2) (c) Briefly outline any two features of Business Risk,(1) 20 Mother dairy was commissioned in the year 1974 as the wholly owned 15 Subsidiary of the National deiry development Board. It focused on delhi and NCR. The company also has diversified portfolio with Products and edible oils, fruits & vegetables to meet the daily requirements of every household, {In the context of the above case {a) Define the term company, (1) (5) Outline the three merits of company.(3) (¢) Explain the term Oligarchic Management in reference to the above case.(1) Page 2 ofExplain the following terms j a) Joint hindu Family (2) b) one person company (2) c) principle of mitigation (1) Parking in central Calcutta ,the heart of mega city has always been a hassle. This, is the case with most of the inner city areas. In an attempt to address the situation, the Calcutta municipal corporation deacided to utilize the rights to underground space and undertake the parking project with private partners.KMC AND SIMPLEX. The purpose of project is to deveope underground parking system. a) Name and state the type of enterprise referred in above para (2) b)_ State Its three features(3) beh 23 Bharat heavy electrical limited was founded in the year1964 by the government of india. It is the largest power plant equipment manufacturer in the country with 745 market share in the power sector. It has @ network of 17 manufacturing units,2 repair units,4 regional offices,8 service centres 15 regional centres and 7 joint ventures.it has also granted big gem status in the year 2013 by government of India for its outstanding performance and vast scale. Big gem status affords the board of these companies enhance financial and operational efficiency. a) How will you classify BHEL as a form of public sector (1) b) State any three features of the form of public sector enterprise s identified ai part (a) (3) ©) Explain briefly financial and operational autonomy as a merit of type of enterprise as identified in part (a).(2) Two years back, rahul has joined a branch of Bank of Baroda as assistant manager in Delhi, whereas his younger brother Rohan joined HDFC Bank in Calcutta. While discussing about their job, both brothers realized that the working of the two banks varies primarily because they belong to different sectors of economy. They have the different parameters for providing their services. (2) Identify the two sectors being highlighted. (b) State any three differences between the two sectors as identified in part (2). c) give two example of each sector_ 25 ‘Over the years, India is plagued with inefficient and ineffective public sector. 254 public sector units incurred heavy losses. The government of India is slowly divesting from PSU. Recently, the government gave an in-principle approval for investment. {a) Outline the concept of Disinvestment with example.(3) (b) Explain briefly any three objectives of privatization.(3) 26 Tay owns an vent management company in Jaisalmale which provide customised facilities to meet the needs of the customer and ensures a memorable event for them whther the are planning a workshop, management seminar marketing or training sessions. He has a saff of 50 persons.ealier the salary of staff was paid by cheque.it used to take few days for emolyees to get money. But now the salary reaches their account on the same day itself with the help of particular bank service a) What is cheque . (2) b) How is a cheque different from bank draft (2) ©) Explain the banking service which facilitates the transfer o the salary to employees account on same day. (2) 27 Divine delight is a well known chain of home furnishing in india. The company has Page 3 of ffoutsourced IT enabled common finance and accounting processes that are transactional in nature,such as accounts payable, accounts receivables and payroll services like payroll processing, leave ‘management, processingandcompensation planning In context of above case a) Explain briefly the features of outsourcings (3) b) Identify and explain the type of outsourcing being described in above aa fines.(3) Page af 2p