1.Answer any one of the following question in about 100-150 words.
a)Suresh is layman who thinks that business and commerce are one and same. Do you think Suresh is right?if not why ? explain.
Answer:
commerce: -
Commerce is an abstract idea that refers to activities of buying and selling of goods and services. As commerce is an abstract idea, you can not say that you own commerce. That is wrong when it comes to the Clients, not commerce through the activities of the company come within the purview of the broader term commerce. commerce is just the buying and selling part of business thus being smaller in scope then business.
Business:- Business is more physical in the sense that it can be owned by a person. A person can own a business, but he certainly does not own commerce. Similarly, a company does business with its clients. on the other hand, business is an activity that is undertaken with the sole motive of making profits. This shows that business is more than just buying and selling.
2.a) what is PPP ? what are its merits ?
Answer: The basic elements determining PPP projects Success are projects suitability to PPPs proper evaluation and selection of correct PPP from on a case-by-case basis. Prior to engaging in PPPs, public authority needs to assess and with relief of economic calculations to justify the benefit, efficiency and possible treats of foreseeable PPP from.
PPP advantages:
i) Ensure the necessary investments into public sector and more effective public resource management;
ii) Ensure higher quality and timely provision of public services;
iii) mostly investment projects are implemented in due terms and do not impose unforeseen public sectors extra expenditure;
iv) a private entity is granted the opportunity to obtain a long-term remuneration;
v) Private Sector experties and experience are Utilized in PPP projects implementation;
3.b) What is communication ? Is it possible to communicate without speaking ? How ? Explain the different types of communication.
4.Answer any one of the following questions in about 100-150 words.
b) " It is important to earn profit for a business but it is equally important to be ethical while earning that profit. Every business organization is part of a wider. Social System and hence can't avoid being ethical. Read the given statement and enumerate the responsibilities of a business towards different
interest groups.
NIOS Solved Assignments (2021-22)
NIOS Business Studies (319)
NIOS Solved TMA-21-22
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