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Principles Of Commerce Guess Paper Solved

 Principles Of  Commerce  Solved Guess paper 2021 Q) Define commerce/ business , Trade , Profession and industry .                                                             Commerce/Business Definitions: According to STRAUB and ATTNER        “A business is an organization engaged in producing goods and services to make a profit”     According to THOMAS EVELYN       “A business embraces all those functions involved in making, buying and transportation of goods”   Trade Definition: Trade refers to the exchange of goods only. It involves buying and selling. Classification: Trade is a bran...

POC MODEL PAPER XI COMMERCE

 POC SOLVED MODEL PAPER CLASS XI . Describe Means of transportation.    CHANNEL/MEANS OF TRANSPORTATION.          Following are the channels of transportation. 1- LAND TRANSPORT.                Trains, trucks and pipelines are the main means of transportation. Trains are very helpful in transporting heavy goods. They are being applied overseas on international routes.               Trucks are another useful mean of transportation. They are being successfully used Within and among the cities and countries.               Pipelines are used to transfer oil, gas and water. They are also used to export or import oil and gas. 2- AIR TRANSPORT.               It is...