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Published on: 13/05/2022
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Creative Questions in class 11 Commerce Subject. It will helps to get more idea about question pattern in every Creative questions with solution.
Download Tamil Nadu 11th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
Define logistics management.
2.
What is BPO?
3.
What do you mean by Core and Non-core activities of outsourcing?
4.
State the main Advantage of Factoring?
1.
Logistics management is defined as "Design and operation of the physical, managerial and informational systems needed to allow goods to overcome time and space (from the producer to consumer)".
2.
(i) BPO (Business Process outsourcing) means getting contractual services of external companies or group of companies to complete special work or process of a company.
(ii) For example : Call Centres, data entry etc. This reduces the expenditure by using cheap labour available in developing countries like Indian, China.
3.
(i) Companies can benefit in the long run provided they are keen on their core main) activities rather than non core (less important) activities.
(ii) A core activity involves experience, expertise, efficiency and,even investment in the field of specialization.
(iii) Non core activities can be outsourced to outsiders who are specialists in, their area of operation.
4.
The main advantage of factoring is that the small or big Business firm receives short term Finance (Working Capital) to meet day-to-day payments.
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Tamilnadu Stateboard 11th Standard Subjects
Maths
Commerce
Economics
Biology
Business Maths and Statistics
Accountancy
Computer Science
Physics
Chemistry
Maths
Biology
Economics
Physics
Chemistry
History
Business Maths and Statistics
Computer Science
Accountancy
Computer Applications
History
Computer Technology
Commerce
Computer Applications
Computer Technology
Tamil
English
French
Tamilnadu Stateboard Standards
