Asked/Added Questions From NCERT: Business Study

Shruti Srivastva
Tera byte.

-Answered by Shruti Srivastva On 16 April 2021:12:07:41 PM

Raj Kumar

 Tera Byte.

-Answered by Raj Kumar On 14 April 2021:04:31:08 PM

Rohit Rajput
Before selecting any form of business organisation, one must consider the following factors:

(i) Easy Formation: Its formation must not invole much logal formalities. It must consume less time.

(ii) liability of Owner: It can be limited or unlimited, Limited liability is more preffered from risk view point.

(iii) Continuity and Stability: This is essential as its enables the businessman to make long terms plans for his business.

(iv) Capital Adequancy: Business form must ensure raising of adequate amount of capitals at most reasonable cost.

(v) Flexbility of operations: Business mustbe flexible enough to adjust it self to changes taking place in its environment.

(vi)Relationship between ownership control and management : For eficient management, the controll and managementof firm must be the hands of the owners.

(vii) Lawful Business: Every business enterprise must undertake such business.

-Answered by Rohit Rajput On 05 October 2020:06:52:48 PM

Rohit Rajput
Globalisation is at two types

(i) Macro     (ii) Micro

Reasons of Globalisation:

(i) Rapid shrinking of time and distance.

(ii) Domestic markets are no longer adequate and rich.

(iii) Foreign market becomes large enough to justify foreign investment. 

(iv) Reduce high transportation cost.

(v) political stability.

(vi) To get technology.

(vii) To secure reliable or cheaper source of raw materials.

(viii)Generates higher sales.

(ix) Better cash flows.

(x)

-Answered by Rohit Rajput On 05 October 2020:06:42:35 PM

Rohit Rajput
It refers to integration of world into one huge market by removing the trade barriers among countries.

-Answered by Rohit Rajput On 05 October 2020:06:40:14 PM

Rohit Rajput
The problems in privatization:
(i) Growth of monopoly power 

(ii) Loss making units are not bought 

(iii) Lop-sided industrial development.

-Answered by Rohit Rajput On 05 October 2020:06:37:26 PM

Rohit Rajput
Finctions of Privatization:

(i) Better managment of enterprises

(ii)Encourage enterpreneurship 

(iii) Accelerating pace of economic development 

(iv) Increase number o workers and common man who are shareholders.

-Answered by Rohit Rajput On 30 September 2020:07:47:25 PM

Rohit Rajput
The Beneits of Privatization:

(i) Reducing fiscal burden.

(ii) Reviving sick units.

(iii) Reducing the size of administrative machinery.

(iv) Helps in generating funds.

(v) Enabling the government to concentration on essential states.

(vi) private sector registration fast growth in the post liberalization period.

-Answered by Rohit Rajput On 30 September 2020:07:38:08 PM

Rohit Rajput
The methods of Privatizations:

(i) Divestiture: The partial or full disposal of an investment or assest through sale, exchnage, closure or bankruptcy. Business may divest by selling of ownership stakes.

(ii) Contracting: Under this, the government give contracts for service to be performed and delivered to other organisation.

(iii) Liquidation: It can be formal (sale of assets and closure of entire enterprise) or informal (suspending some of its operations).

(iv) Denetionalisation: It means transferring something from state ownership to private ownership.

(v) Franchising: Government gives autherisations to someone to sell or distribute its goods or service in a certain designated area.

-Answered by Rohit Rajput On 30 September 2020:07:25:08 PM

Rohit Rajput
Privatization refers to the transfer of assets or service functions from public to private ownership or control. It mean the withdrawl of the state from an industry or sector partially of fully.

-Answered by Rohit Rajput On 30 September 2020:07:21:25 PM

Rohit Rajput
The benefits of Liberalisation are follows:

(i) Liberalisation has led to expansion o Indian Economy.

(ii) Easy entry of foreign business organisation in India.

(iii) Stiff competition has led to increase in efficiency.

(iv) High growth rate.

(v) Avalibility of goods at competitive prices.

(vi) Healthy stock market.

(vii) Good industrial relation.

(viii) Low inflation raete, etc.

-Answered by Rohit Rajput On 30 September 2020:07:11:34 PM