Elements Of Business Environment - Class 12 Page 20
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22. Explain licensing and Franching. How they differ? 5
23. Make difference between departmental and multiple shops. 5
24. Explain any Five types of preference shares. 5
25. Define Retained earning. Write merits of retained earning.
Or
What are the difference between share and Debenture.
26. What are Super Bazar? Explain their two advantages and two
disadvantages. 6
Or
Give advantages and limitation of mail order business.
27. What do you mean by Business Ethics? What are its elements. 6
Or
Business is essentially a social Institution and not merely a profit - making
activity. Explain.
28. What do you understand by Joint stock company? Explain it s Five
Features. 6
Or
Which form of business organisation is suitable for following types of
business and why
i) Beauty Parlour
ii) Hotel
iii) Bakery Shop
iv) Shopping Mall
v) Small retail outlet
vi) Chartered Accountancy Firm.
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