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Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
Karnataka Class 11 Commerce Business Studies NCERT Solution : Karnatak University is a state university located in the city of Dharwad in the state of Karnataka in India. It was established in October 1949, and officially inaugurated in March 1950. The campus spans 750 acres (3 km²). D. C. Pavate was the first official vice-chancellor from 1954 to 1967. The rapid development of the institution is credited to him.
The university was recognized with the “Potential for Excellence” by the University Grants Commission. The university is the second oldest university in the state of Karnataka after the University of Mysore. The Karnatak university once used to serve most of the Karnataka region including Dharwad, Belagavi, Uttara Kannada, Bijapur, Gulbarga, Raichur, Bidar and Bellary. until the 1980s (Manipal Institute of Technology and the Kasturba Medical College of Manipal were affiliated with Karnatak University at Dharwad and all degrees were awarded by Karnatak University in between the years from 1953 to 1965)
Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
Karnataka Class 11 Commerce Business Studies NCERT Solution : Here we provides complete details about Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams and other CBSE Class 12 Commerce Business Studies important notes in pdf format. Here we provide direct download links for Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams notes in pdf format. Download these Karnataka Class 11 Commerce Business Studies NCERT Solution in pdf format and read well.
Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
Karnataka Class 11 Commerce Business Studies NCERT Solution : Commerce is a useful stream as this discipline has great demand in different job oriented fields. Subjects like Economics, Accountancy, Business studies and others are included in this stream. After completion of their 10 standard, students can opt for this stream in class 11 and 12 and they can also take this stream in graduation level. The CBSE board is known for its well-evaluated syllabus and suitable question papers. To maintain its praiseworthy recognition, the board has prepared a comprehensive syllabus for class 11 commerce. All essential subjects and their relevant topics are incorporated in this syllabus by maintaining a proper order. Hence, students get thorough knowledge from this syllabus.
Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
Karnataka Class 11 Commerce Business Studies NCERT Solution : we provide details Karnataka class 11 commerce Business Studies ncert solutions including Accountancy and Economics in this articles.
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Karnataka class 11 commerce ncert solutions:-NCERT Solutions for Class 11 Business Studies
Q1 : Define services and goods?
Answer : Services are intangible activities that require personal interaction between the consumer (purchaser of the service) and the service provider (seller of the service) at the time of delivery. The services need not involve any production or sale of goods. Generally, services are classified into the following two categories.
(a) Business services: These include banking, insurance and warehousing services.
(b) Professional services: These include legal services, medical advice and tax consultancy.
In contrast to services, the term ‘goods’ refers to physical and tangible objects whose ownership gets transferred to the buyers as soon as he or she purchases these objects. Examples of goods are televisions, radios and shoes.
Q2 : State any three differences between e-business and traditional business.
Answer : The differences between traditional business and e-business are presented in the table below.
| Basis of difference | Traditional business | e-Business |
| Ease in formation | Formation is relatively difficult as there exist numerous formalities that are required to be fulfilled. | Relatively easier to start. |
| Internal communication | Follows a hierarchical communication structure (from top to bottom) | Follows a non-hierarchical communication structure (no defined structure) |
| Start-up cost | Heavy start-up cost | Relatively low start-up cost (as physical facilities are not required) |
| Market access | Access is restricted to the physical domain. | Access is comparatively wide and unlimited. |
Q3 : What do you understand by social responsibility of business? How is it different from legal responsibility?
Answer : Social responsibility refers to the duties and responsibilities of business enterprises towards society and its members. It implies the obligation on an enterprise to conduct activities that are favourable from the viewpoint of society. As any business makes use of society’s resources in the form of human and physical capital, it becomes the moral duty and responsibility of the businesspersons to work for the betterment of society.
Social responsibility differs from legal responsibility on various grounds. Social responsibility is a much wider concept than legal responsibility. This is because, by mere compliance with the law, any legal responsibility can be fulfilled—for instance, paying taxes on time and reducing the emission of pollutants. On the other hand, social responsibility is an obligation on business enterprises to work for the welfare of society—for example, generating employment opportunities to the physically challenged and providing equal employment opportunities to women.
Q4 : What is meant by internal trade?
Answer : Internal trade refers to the process of exchanging goods and services within the national boundaries of a country. In other words, the buying and selling of goods and services within the domestic territory of a country is known as internal trade. Purchases of goods from a local shop, a mall or an exhibition are all examples of internal trade. The government does not levy customs or import duties on goods and services that are produced within the country for meeting the domestic demand.
Internal trade can be classified into the following two categories:
(a) Wholesale trade: It refers to the buying and selling of goods in bulk-that is, the exchange of large quantities of goods meant for resale in local markets.
(b) Retail trade: It refers to the buying and selling of goods in small quantities for final consumption.
class 11 commerce ncert solutions:- Q5 : Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.
Answer : Itinerant traders are retailers who do not have a fixed place of operation. That is, they do not have a shop from where they sell their products. They are also known as mobile traders as they keep moving from place to place in order to sell their products. They are generally found on street sides, and they shift their place of operation in search of more customers. They usually sell low-priced and non-standard goods.
The reasons that itinerant traders survive in spite of the tough competition from large-scale retailers can be attributed to the following factors:
(a) Low price of goods: Itinerant traders generally deal in low-priced goods that are of daily use to customers, such as toiletries, vegetables, fruits, etc. These traders do not have to spend on storage and advertising, and they keep their inventories short and limited. Hence, the prices of their goods are lower than the prices of goods sold by large-scale retailers.
(b) Personal attention to customers: Itinerant traders deal directly with consumers and are, therefore, able to give more attention to them. As they supply goods to customers at their doorstep, they provide greater customer-care services by eliciting proper feedback and passing on the information to manufacturers.
(c) Easy availability at short notice: Itinerant traders move from place to place and provide goods at the customer’s doorstep. On the other hand, large-scale retailers have shops in central locations away from residential areas, and it is often difficult for customers to buy goods at the time they require them. Therefore, they depend on itinerant traders.
(d) Lower possibility of losses: Large-scale retailing involves a higher probability of incurring losses, because the retailers concerned deal in high-priced goods. Thus, in case the tastes and preferences of customers change, large-scale retailers are forced to sell the goods that have fallen out of favour. These goods are often sold at low prices in clearance sales, causing huge losses to the retailers. On the other hand, as itinerant traders deal in consumer goods that are low priced and of daily use, the probability of their incurring losses is minimised.
Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
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Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
Karnataka Class 11 Commerce Business Studies NCERT Solution : Business Studies is an interesting subject of Commerce. It deals with the commercial awareness and hence, this subject is noticeably appreciated in many job-oriented sectors. Students, who opt for Commerce stream, learn this subject in classes 11 and 12. However, after completion of the degree in Business studies, students can apply for jobs in investment, banking, general management, retail and public relation sectors. In brief, it gives vast job exposures to students. Hence, they must learn this subject to understand the marketing strategy, finance and other relevant matters. Karnataka class 11 Business studies course module is well-designed. This syllabus gives students a basic understanding about this subject. Moreover, Karnataka syllabus for class 11 Business Studies covers a good number of topics in a requisite manner.
The Textbooks Prescribed:
- Business Studies For Class XI
- Commerce Objective Type(Multiple choice questions)
Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
Karnataka Class 11 Commerce Business Studies NCERT Solution :
Karnataka class 11 commerce business studies question paper:-General Instructions :
(i) Answer to questions carrying 1 mark may be from one word to one sentence.
(ii) Answers to questions carrying 3 marks may be from 50-75 words.
(iii) Answers to questions carrying 4-5 marks may be about 150 words.
(iv) Answers to questions carrying 6 marks may be about 200 words.
(v) Attempt all parts of a question together.
Previous Year Business Studies Question Paper are Available for download,
Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
Karnataka Class 11 Commerce Business Studies NCERT Solution : NCERT books are available to download or you can buy NCERT books online. Study material for Karnataka exam preparation, Notes for practice. These study material contains the complete description of the chapters, practice questions with answers including sample papers with solutions. Study material is designed as per the Latest Karnataka syllabus.
Karnataka Class 11 Commerce Business Studies NCERT Books and Faculty names
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Karnataka Class 11 Commerce Business Studies Others Books
Business Studies For Class XI (Commerce) by
ISC Commerce Class XI – Vol. 1 by
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Karnataka Class 11 Commerce Business Studies NCERT Solution For 2017 Exams
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