Class 11- Business studies
3 mark sample questions.
Chapter- INTERNAL TRADE
Question. Explain any three key services provided by wholesalers to
manufacturers. 3
Answers. Three Services Provided by Wholesalers to Manufacturers
1. Bulk Buying – Wholesalers purchase large quantities, helping manufacturers sell their
output quickly.
2. Storage – They provide warehousing facilities, reducing the manufacturer’s burden of
maintaining stock.
3. Market Information – Wholesalers share feedback and trends from retailers, helping
manufacturers adjust production and marketing strategies.
Chapter-INTERNATIONAL BUSINESS
Question. Explain any three key aspects in which domestic business
differs from international business. 3
Answer. Three Key Aspects Differentiating Domestic and International Business
1. Geographical Scope – Domestic business operates within one country, while
international business involves multiple countries. This affects scale and complexity of
operations.
2. Currency – Domestic trade uses the local currency, whereas international trade requires
dealing with foreign exchange. This impacts transactions and financial management.
3. Legal and Political Environment – Domestic business follows one nation’s laws, but
international business must comply with multiple countries’ regulations and policies.
This influences marketing and production strategies.
Chapter- Formation of a Company
Question. A new manufacturing firm plans to start production of
electronic gadgets. The management needs to invest in machinery,
buildings, and other long –term assets, as well as to maintain
3 mark sample questions.
Chapter- INTERNAL TRADE
Question. Explain any three key services provided by wholesalers to
manufacturers. 3
Answers. Three Services Provided by Wholesalers to Manufacturers
1. Bulk Buying – Wholesalers purchase large quantities, helping manufacturers sell their
output quickly.
2. Storage – They provide warehousing facilities, reducing the manufacturer’s burden of
maintaining stock.
3. Market Information – Wholesalers share feedback and trends from retailers, helping
manufacturers adjust production and marketing strategies.
Chapter-INTERNATIONAL BUSINESS
Question. Explain any three key aspects in which domestic business
differs from international business. 3
Answer. Three Key Aspects Differentiating Domestic and International Business
1. Geographical Scope – Domestic business operates within one country, while
international business involves multiple countries. This affects scale and complexity of
operations.
2. Currency – Domestic trade uses the local currency, whereas international trade requires
dealing with foreign exchange. This impacts transactions and financial management.
3. Legal and Political Environment – Domestic business follows one nation’s laws, but
international business must comply with multiple countries’ regulations and policies.
This influences marketing and production strategies.
Chapter- Formation of a Company
Question. A new manufacturing firm plans to start production of
electronic gadgets. The management needs to invest in machinery,
buildings, and other long –term assets, as well as to maintain
