year. A fire insurance policy has the clause of indemnity. The insurer can only claim the actual amount of loss caused by fire. Loss in case of fire insurance is measurable. Fire insurance does not have any surrender value. The insured amount cannot be more than the value of the insured ...
always calculated after deducting expenses. Profit is important for further growth and expansion of business. A major part of profit needs to be ploughed back into the business so that the business can grow in size. A part of profit can also be kept as cash reserve for unforeseen ...
NCERT Book Class 12 Business Studies Chapter 9 Financial Management is here. You can read and download Class 12 Business Studies Chapter 9 PDF from this
Class 11 Business Studies Small BusinessNCERT SolutionShort Answer TypeQuestion 1: What are the different parameters used to measure the size of business?Answer: Following are the various parameters used to measure the size of business:Number of persons employed Capital invested Volume or value of ...
Question 4: That an enterprise must behave as a good citizen is an example of its responsibility towards Owners Workers Consumers Community Answer:(d) Community Question 5: Environmental protection can best be done by the efforts of Business people ...
The expert teachers from Vedantu have developed the important questions of Business Studies Class 12 as per the latest syllabus NCERT (CBSE). Do you need help with your Homework? Are you preparing for Exams? Study without internet (offline)Download full PDF Download PDF of Important Questions ...
Important Study Material Links for Class 12 Business Studies Chapter 6 1. Class 12 Staffing Important questions 2. Class 12 Staffing NCERT Solutions Revision Notes Links for Class 12 Business Studies S. No Chapter-wise Revision Notes for Class 12 Business Studies 1 Chapter 1 - Nature and Signifi...
Risk is an essential part of every business Degree of risk depends mainly upon the nature and size of business Profit is the reward for risk taking Causes of Business Risks Natural causes:Natural causes are beyond the control of human beings. Natural disasters can lead to huge losses in busine...
Class 11 Business Studies Business Services NCERT Solution Short Answer Questions Question 1: Define services and goods. Answer: A good is a physical product which is capable of being delivered to the purchaser. Sale of good involves transfer of ownership to the buyer. Services are intangible ...