Tag Archives: Important-Questions

 How an enterprise gives benefit to society, the country, and an entrepreneur? ANSWER: ·         Entrepreneurs will be able to produce goods and services and able to earn maximum profit. ·         Entrepreneur provides goods and services and creates employment opportunities benefiting to society. ·         He contributes to national income, leads to growth of other sectors, more exports by that increase in …

Question 1.  Explain the concept of entrepreneurship with the help of a diagram. ANSWER: The Concept of Entrepreneurship G Ads: An entrepreneur is an individual person or a group of persons who take initiative, have the skill for innovation and bear risk, put up a new viable project that creates wealth and provides employment opportunity, and leads to growth of …

Entrepreneurship Important Questions with Answers NOTE: For Answers Click on the Questions below Question 1.  Explain the concept of entrepreneurship with the help of a diagram. Question 2. How an enterprise gives benefit society, the country, and an entrepreneur? Question 3:  Explain and discuss the “dark side” of entrepreneurship. Question 4:  Name the sources of entrepreneurial stress and discuss the …

PARTNERSHIP ACCOUNTING IMPORTANT QUESTIONS & ANSWERS Advertisement: QUESTION 1 Define Partnership. Answer: A partnership agreement is an agreement between two or more individuals who sign a contract to start a profitable business together. In the Partnership agreement, the partners are equally responsible for the debt of an organization. Even if one person withdraws his/her partnership, they are liable for an already existing …

Question: What is the difference between Internal and External auditor. COMPARISON of internal and external auditor           As a process, both the types of audit have certain features common between them. For example, the techniques of obtaining audit evidence, drawing a sample, projecting sample results and the review of accounting and internal control systems are same for both the audits. However, …

Q. Define Business Communication? Ans: Communication is characterized as “The stream of material data observation, comprehension and creative ability among different gatherings”.  Business incorporates those associations, which are occupied with the generation and appropriation  of merchandise and enterprises to gain benefit. Consequently Business correspondence signifies, “Stream of data, observation and so on either inside a business association or outside the …

Q. Discuss the role of effective business communication within and outside the organization. Q. Why Business Communication is called, “Life blood” of an organization? Answer:  A business Organization is a gathering of individuals related to gain benefit. Different sorts of exercises must be performed by the general population of an association in order to acquire benefit. These exercises need a powerful and …

Q. Define communication. What is the importance of communication for an individual and for an organization? Answer:  COMMUNICATION:- Definition: Communication  is  the  process  by  which  information  is  transmitted between individuals and organization, so that an understanding response results”. OR “Communication  is the process which involves transmission  and accurate  replication  of ideas, ensured by feedback for the purpose of eliciting action which …

Q. Explain the Process of Communication. OR Q. “Communication  is  a  two  way  process  of  exchanging ideas or information between two human beings”. Explain this statement with the help of a diagram. Answer:    Definition:   Communication simply means exchange of ideas & information between two persons. A person sends a message to another person and gets the response from the receiver on the …

Q. Discuss five elements (Factors) of the process of communication. Answer:      Communication is the exchange of ideas between two minds. This process of exchanging idea is based on following five factors. 1. Sender:-  Sender is the individual who starts the procedure of correspondence. He creates a thought in his brain with respect to generation development, advancement, demand, request, enquiry and so …