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Commerce Class 1

This document discusses various topics related to commerce and business including: - Defining commerce and its scope, as well as distinguishing between commerce, business, and trade. - The importance of factors like business finance, personal and professional qualities, and suggestions for promoting sole proprietor businesses. - Key concepts around sole proprietorships, partnerships, joint stock companies, public and private limited companies, cooperatives, and their formation and characteristics. - International trade topics such as import/export procedures, wholesaling and retailing, and transportation. - Insurance objectives and types. - Business documentation like prospectuses and letters, as well as office functions and equipment.

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Haris
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67 views3 pages

Commerce Class 1

This document discusses various topics related to commerce and business including: - Defining commerce and its scope, as well as distinguishing between commerce, business, and trade. - The importance of factors like business finance, personal and professional qualities, and suggestions for promoting sole proprietor businesses. - Key concepts around sole proprietorships, partnerships, joint stock companies, public and private limited companies, cooperatives, and their formation and characteristics. - International trade topics such as import/export procedures, wholesaling and retailing, and transportation. - Insurance objectives and types. - Business documentation like prospectuses and letters, as well as office functions and equipment.

Uploaded by

Haris
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Define commerce and also describe the scope of commerce.

Discuss the importance of commerce for a developing country like Pakistan.

Distinguish between the following (i) Commerce and Business. (ii) Commerce and Trade.

Describe the Objectives of Business.

OR What factors for starting of a business are kept in mind?

Describe the importance of business finance,

Discuss the personal and professional qualities of a good businessman

Give suggestions to promote the business of sole proprietor.

What is meant by sole tradership? State its features.

Distinguish between partnership and sole proprietorship business.

Write merits and demerits of sole proprietorship OR Describe the features/characteristics of sole proprietorship

Define partnership. Also Explain the features/characteristics of partnership.

OR. OR. OR What are the rules which will apply automatically in the absence of partnership deed?. OR

What is meant by partnership deed? State its important points

Explain the advantages and disadvantages of partnership / partnership firm

OR Explain the various kinds of partnership business and the partners. OR How to register a partnership firm

What are the reasons to dissolve partnership? Explain in detail.

Define Joint Stock Company. Also write its features/characteristics.

OR Describe the merits of joint stock company.

OR Describe the process of formation of Joint Stock Company.

OR Explain the kinds of Joint Stock Company


. OR Explain the different modes of dissolution of firm.

Define Public limited compnay. And also explain the formation process. OR. Difference between private and public
limited compnay.

Define Public limited compnay. And also explain the formation process

. OR. Difference between private and public limited compnay.

Define co-operative society and discuss its characteristics. OR State the merits and demerits of co-operative society.

Explain the important points of Articles of Association. OR Differentiate between Memorandum of Association and
Article of Association of Company.

Explain home trade. Write the advantages and disadvantages of home trade.

Explain the import and export procedure of foreign trade. OR Write the advantages and disadvantages of
International Trade. OR Discuss in detail the procedure of exporting goods.

Define the wholesaler and gives his characteristics. OR Write the important duties of wholesaler. OR Distinguish
between wholesaler and retailer.

Define retrial trade. Also explain its features and merits and demerits. OR Explain the duties and services of retailer.
OR Name and explain the kinds of retailers.

Define transportation which factors are taken in the selection of a suitable mode of transport? OR Describe the
various types of transport. OR Explain in detail the kinds of transportation means.

Define insurance and state it’s important. OR Describe the objectives and benefits of insurance. OR Compare life, fire
and marine insurance.
What is meant by office? Write properties of a good office. OR Describe the importance of office machines. OR
Define filing system and discuss its features Or write the comparison of horizontal and vertical filing system. OR What
is meant by filling system? Explain its advantages.

Write down the importance of business letter and its important parts (characteristics). OR Write down the reasons for
writing complaint letter. OR Write points of difference between a business and official letter. OR Write an application
for the post of an Accountant.

Explain prospectus and its major contents.

Describe the merits and demerits of advertisement.

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