Write an order letter for importing electronic goods from Germany. Assume necessary details. Answer: Order Letter:                         ...
  Describe the various parts of business letter. Draw the sketch of a standard business letter. Answer:  Parts of Business Letter:  A busine...
 Describe the procedure of importing goods from foreign country. Answer: Import Procedure : The procedure of import trade is as follows: 1....
 Define marketing. Describe the functions of marketing. Answer: Marketing : Marketing is defined as the process of determining the needs and...
Write any four advantages of Joint Stock Company. Answer: Advantages of Joint Stock Company: The advantages of the company are as follows: ...
 Enlist the various kinds of business letters. Explain inquiry letter. Answer: Kinds of Business Letters: 1. Order Letters.  2. Inquiry Lett...
State the channels of distribution. Answer: Channels of Distribution: Channels are means through which goods move from the point of producti...
List the various types of insurance. Describe marine insurance. Answer: Types of Insurance: Following are the types of insurance: • Personal...
 List the kinds of advertising media. Explain any one. Answer: Advertising Media:  1. Non – Electronic Media: a. Newspaper.  b. Magazines. c...
What are the kinds of partners? Describe sleeping partner. Answer: Kinds of Partners: 1. Active partner.  2. Sleeping partner.  3. Secret pa...