His liability is unlimited towards the party who has deal with firm on the basis of this declaration. In June 2009, "Via 1" was renamed "Business Class" and "Silver & Blue" (The Canadian) and "Easterly" (The Ocean) were renamed "Sleeper Touring Class" and "Totem" (The Skeena) was renamed "Touring Class". Application to Stock Exchange: It is necessary for a public company to list their shares in the stock exchange therefore the promoters apply in stock exchange to list company shares. Co-operative Housing Society – The main aim is to provide houses to people with limited means/income at reasonable price. Before going through the CBSE Syllabus of CBSE Class 11 Business Studies, students must have a look at the marks weightage of the topics included in the syllabus. The Joint Hindu family business is on decline because of the diminishing no. 2. 054) CLASS–XI (2019-20) Theory: 80 Marks 3 Hours Project: 20 Marks Units Periods Marks Part A Foundations of Business 1 Nature and Purpose of Business 18 16 2 Forms of Business Organisations 24 3 Public, Private and Global Enterprises 18 14 4 Business Services 18 Nature of Services. The basis of membership is birth in a particular family. Complete Ex- Reliance Industries Ltd., Wipro Ltd. , Raymond’s Ltd. Sometimes when some members become rigid, the result is conflict. Meaning: Partnership is a voluntary association of two or more persons who agree to carry on some business jointly and share its profits and losses. /Pages 2 0 R Filing of Prospectus: Prospectus means any documents which invites offers from the public to purchase share and Debenture of the company. 6. But it is always beneficial to get the firm registered. Intellectual Property Rights and Entrepreneurship, 2) Small scale enterprise as defined by MSMED Act 2006 (Micro, Small and Medium Enterprise Development Act), 3) Role of small business in India with special reference to rural areas, 4) Government schemes and agencies for small scale industries: National Small Industries Corporation (NSIC) and District Industrial Centre (DIC) with special reference to rural, backward areas, 1) Internal trade – meaning and types services rendered by a wholesaler and a retailer, 2) Large scale retailers-Departmental stores, chain stores – concept, 1) International trade: concept and benefits, 2) World Trade Organization (WTO) meaning and objectives. These are the types of business services which are used by many organizations irrespective of industry. European carriers generally offer a business class consisting of enhanced economy seating with better service. 3. United and Delta use a combination of wide and narrow body aircraft for these routes, with a variety of lie-flat seat designs. Agreement: It is an outcome of an agreement … Tests & Videos, you can search for the same too. Students are advised to follow the given Class 11 Accountancy chapter wise important questions along with the answers. 1. It gives them a relief. SEBI Approval: SEBI regulates the capital market of India. (v) Agreement with proposed managing director. Some airlines such as Air France and Lufthansa use convertible seats that seat three people across in economy, or adjust with a lever to become two seats with a half seat length between them for business-class use. 5. Types – life, health, fire and marine insurance – concept, 1) E – business: concept, scope and benefits, 3) Responsibility towards owners, investors, consumers, employees, government and community, 4) Role of business in environment protection, 2) Owners’ funds- equity shares, preferences share, retained earnings, Global Depository receipt (GDR), American Depository Receipt (ADR) and International Depository Receipt (IDR) – concept, 3) Borrowed funds: debentures and bonds, loan from financial institution and commercial banks, public deposits, trade credit, 1) Entrepreneurship Development (ED): Concept, Characteristics and Need. Types of partners, 3) Hindu Undivided Family Business: Concept, 4) Cooperative Societies-Concept, merits, and limitations, 5) Company – Concept, merits and limitations; Types: Private, Public and One Person Company – Concept, 6) Formation of company – stages, important documents to be used in formation of a company, 1) Public sector and private sector enterprises – Concept, 2) Forms of public sector enterprises: Departmental Undertakings, Statutory Corporations and Government Company, 1) Business services – meaning and types.

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