Commerce Exam > Commerce Videos > Business Studies (BST) Class 11 > Business and Profession
Business and Profession Video Lecture | Business Studies (BST) Class 11 - Commerce
|
37 videos|146 docs|44 tests
|
FAQs on Business and Profession Video Lecture - Business Studies (BST) Class 11 - Commerce
| 1. What is commerce and how is it related to business and profession? |  |
Ans. Commerce refers to any activity that involves buying or selling of goods and services. It involves the exchange of goods and services between producers and consumers. Business and profession are two forms of commerce. Business refers to the production or sale of goods and services for profit, while profession refers to the provision of specialized services to clients for a fee.
| 2. What are the different types of commerce? | |
Ans. There are three main types of commerce: trade, auxiliaries to trade, and aids to trade. Trade involves buying and selling of goods and services. Auxiliaries to trade include services that facilitate the exchange of goods and services, like transportation, storage, banking, insurance, and communication. Aids to trade refer to services that promote the sale and purchase of goods and services, like advertising, market research, and packaging.
| 3. What are the advantages of commerce? | |
Ans. Commerce has several advantages. It promotes economic growth and development by creating jobs and generating income. It also helps in the distribution of goods and services across different regions, leading to increased availability and accessibility of goods and services. It promotes competition, which leads to improved quality and lower prices of goods and services. Additionally, commerce provides opportunities for innovation and technological advancement.
| 4. How has e-commerce changed the way we do business? | |
Ans. E-commerce has revolutionized the way we do business. It has provided a platform for buying and selling of goods and services over the internet, making it easier and more convenient for consumers to access products from anywhere in the world. E-commerce has also reduced the cost of doing business by eliminating the need for physical stores and reducing the cost of advertising and marketing. It has also created new opportunities for entrepreneurs and small businesses to reach a wider audience.
| 5. What are some challenges faced by businesses in commerce? | |
Ans. Businesses in commerce face various challenges, including competition, changing consumer preferences, technological advancements, and government regulations. Competition can lead to lower prices and reduced profits, while changing consumer preferences can make it difficult to predict demand for goods and services. Technological advancements can render existing business models obsolete, while government regulations can increase the cost of doing business and reduce profits. Businesses need to be adaptable and innovative to overcome these challenges.
About this Video
|
36.7K Views |
|
4.63/5 Rating |
|
Nov 15, 2024 Last updated |
Video Description: Business and Profession for Commerce 2024 is part of Business Studies (BST) Class 11 preparation.
The notes and questions for Business and Profession have been prepared according to the Commerce exam syllabus.
Information about Business and Profession covers all important topics for Commerce 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Business and Profession.
Introduction of Business and Profession in English is available as part of our Business Studies (BST) Class 11 for Commerce & Business and Profession in
Hindi for Business Studies (BST) Class 11 course. Download more important topics related with notes, lectures and mock test series for
Commerce Exam by signing up for free.
Description
Video Lecture & Questions for Business and Profession Video Lecture | Business Studies (BST) Class 11 - Commerce - Commerce full syllabus preparation | Free video for Commerce exam to prepare for Business Studies (BST) Class 11.
Information about Business and Profession
Here you can find the meaning of Business and Profession defined & explained in the simplest way possible.
Besides explaining types of Business and Profession theory, EduRev gives you an ample number of questions to practice Business and Profession tests,
examples and also practice Commerce tests.
|
37 videos|146 docs|44 tests
|
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Free
,mock tests for examination
,Sample Paper
,Business and Profession Video Lecture | Business Studies (BST) Class 11 - Commerce
,Exam
,Previous Year Questions with Solutions
,Viva Questions
,Objective type Questions
,study material
,practice quizzes
,Summary
,video lectures
,Business and Profession Video Lecture | Business Studies (BST) Class 11 - Commerce
,Extra Questions
,Semester Notes
,past year papers
,Business and Profession Video Lecture | Business Studies (BST) Class 11 - Commerce
,MCQs
,ppt
,Important questions
,shortcuts and tricks
;
Study Business and Profession on the App
Students of Commerce can study Business and Profession alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Business and Profession,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Business and Profession is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup