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June Assignment - 1 XI B.STD

This document contains a class assignment on business studies for students of Class XI. It includes 12 multiple choice and descriptive questions about topics like characteristics of business risks, types of economic activities, objectives of businesses, industries, and values. The questions assess understanding of concepts like causes of business risks, types of industries, and objectives fulfilled by businesses through their policies and social initiatives.

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0% found this document useful (0 votes)
354 views2 pages

June Assignment - 1 XI B.STD

This document contains a class assignment on business studies for students of Class XI. It includes 12 multiple choice and descriptive questions about topics like characteristics of business risks, types of economic activities, objectives of businesses, industries, and values. The questions assess understanding of concepts like causes of business risks, types of industries, and objectives fulfilled by businesses through their policies and social initiatives.

Uploaded by

Jain Production
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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SWAMI VIVEKANAND PUBLIC SCHOOL

SECTOR 17, HUDA JAGADHRI

Class :XI Subject: BSTD Topic :June Assignment-1


Note- All the questions are compulsory.
Maximum marks: 25
1. Following are the characteristics of business risks. One of them is not correct. Identity it. @
A,Risk is an essential component of every business.
b.Loss is the reward for risk bearing.
c.Degree of risk depends on the nature and size of business.
d.Business risks arises due to uncertainties.

2. Human activities are of……..types.


(a) One
(b) Two
(d) Four
(c) Three

3. Which of the following is not an example of non-economic activity?


(a) Patriotism
(b)Teaching of school
(c) Sentiment
(d) Sympathy

4.State whether the following statement is "True' or 'False'


"Laziness' is an example of natural cause.

5.Which of the following is an example of a natural cause?


(a) Recession in the market
(b) Riots
(c) Expidemic
(d) Hailstrom

Tick ✔️all the correct options.


6. Which one of the following is known as service industry?
(a) Banking
(b) Insurance
(c) Processing
(d) Advertising

Choose all the incorrect options.


7. Correct the given statement if it is incorrect.(1)
Mithila was a commercial town and also a major centre for export of stones.

8. (a) "Unexpected increase in competition" relates to which type of cause of business risk? State.
(b) Lakshay started a business of repairing mobile phones and laptops in his shop in Tilak Nagar. To earn more profits, he used to fix up
duplicate spare parts in mobile phones and laptops. He focused only on earning profits and never laid emphasis on any other objective of the
business.
Identify the objective of business which has been overlooked in the above case.
(3)

9 (a) Wadhwa Pvt. Ltd. is a reputed company for treating its employees as prime assets. It has taken care of all benefits and protection that
may accrue to the workers like providing minimum wages as prescribed by law, health insurance, cordial working atmosphere, etc.
( Which cause of business risks the company is trying to minimise? State.

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(il) Write any one value which are being reflected due to such policy of the company
towards its employees.
(b) DLF Ltd. is India's largest real estate developer operating in development of residential, commercial and retail properties. Which type of
industry does DLF belong to? (3)

10. Bhoomika moves from one place to another selling vegetables. She earns from the work and meets her daily requirements. She saved
money and opened a shop where she sold vegetables and also provided home delivery services.
(f) Identify the type of economic activity she is involved in. (i State any two features of the activity identified in (i) above.
(3)

11. Anil, Sunil and Payal are friends. They are pursuing their MBA from IIMT, Banaras. While having a coffee during break time, they were
discussing their future plans. Anil said he is planning to help his father by joining his printing press after completing MBA, Sunil on the other
hand, wanted to get a job in some big company through institutions placement cell. Since Payal loves children, she shared her willingness to
join an NGO and use her knowledge and skill to help the underprivileged children.
1. Identify and give two points of difference on any two basis between Anil's and Sunil's plans.
2. How would you classify the activity which Payal is willing to pursue after college? (4)

12. Guruansh's job involved travelling. As he was very fond of reading, he requested his father to buy him some books. His father sold his old
laptop on OLX.com and bought him a new 'kindle' from Amazon.com. While buying the 'kindle', he noticed a message on the screen of the
website that 1% of every purchase would be sent by the company to "Alag Foundation' an NGO for underprivileged children.
1. Can the transactions by Guruansh's father be termed as business activity? Give reason with the help of relevant characteristic of
business.
2. Which objective of business is Amazon fulfilling?
(c State the industry in which online business organisations deal.
(d) Write any one value being achieved by Amazon by contributing a part of sales towards
"Alag Foundation' (5)

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Facebook: @SVPS.YAMUNANAGAR , Youtube : SVPS HUDA , Instagram: @SVPSHUDA

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