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NCERT solutions for Business Studies [English] Class 11 chapter 11 - International Business [Latest edition]

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NCERT solutions for Business Studies [English] Class 11 chapter 11 - International Business - Shaalaa.com
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Solutions for Chapter 11: International Business

Below listed, you can find solutions for Chapter 11 of CBSE NCERT for Business Studies [English] Class 11.


Short AnswersLong Answers
Short Answers [Page 299]

NCERT solutions for Business Studies [English] Class 11 11 International Business Short Answers [Page 299]

Short Answers | Q 1 | Page 299

Differentiate between International trade and International business.

Short Answers | Q 2 | Page 299

Discuss any three advantages of international business.

Short Answers | Q 3 | Page 299

What is the major reason underlying trade between nations?

Short Answers | Q 4 | Page 299

Why is it said that licensing is an easier way to expand globally?

Short Answers | Q 5 | Page 299

Differentiate between contract manufacturing and setting up wholly-owned production subsidiary abroad.

Short Answers | Q 6 | Page 299

Discuss the formalities involved in getting an export licence.

Short Answers | Q 7 | Page 299

Why is it necessary to get registered with an export promotion council?

Short Answers | Q 8 | Page 299

Why is it necessary for an export firm to go in for pre-shipment inspection?

Short Answers | Q 9 | Page 299

What is the bill of lading? How does it differ from the bill of entry?

Short Answers | Q 10 | Page 299

Explain the meaning of the mate's receipt.

Short Answers | Q 11 | Page 299

What is a letter of credit? Why does an exporter need this document?

Short Answers | Q 12 | Page 299

Discuss the process involved in securing payment for exports.

Long Answers [Pages 299 - 300]

NCERT solutions for Business Studies [English] Class 11 11 International Business Long Answers [Pages 299 - 300]

Long Answers | Q 1 | Page 299

“International business is more than international trade”. Comment.

Long Answers | Q 2 | Page 299

What benefits do firms derive by entering into international business?

Long Answers | Q 3 | Page 299

In what ways is exporting a better way of entering into international markets than setting up wholly owned subsidiaries abroad.

Long Answers | Q 4 | Page 299

Rekha Garments has received an order to export 2000 men's trousers to Swift Imports Ltd. located in Australia. Discuss the procedure that Rekha Garments would need to go through for executing the export order.

Long Answers | Q 5 | Page 300

Your firm is planning to import textile machinery from Canada. Describe the procedure involved in importing.

Long Answers | Q 6 | Page 300

Identify various organisations that have been set up in the country by the government for promoting the country's foreign trade.

Long Answers | Q 7.1 | Page 300

What is the IMF?

Long Answers | Q 7.2 | Page 300

Discuss its various objectives and functions.

Long Answers | Q 8.1 | Page 300

Write a detailed note on features of WTO

Long Answers | Q 8.2 | Page 300

Write a detailed note on the structure of WTO

Long Answers | Q 8.3 | Page 300

Write a detailed note on the objectives of WTO

Long Answers | Q 8.4 | Page 300

Write a detailed note on the functioning of WTO

Solutions for 11: International Business

Short AnswersLong Answers
NCERT solutions for Business Studies [English] Class 11 chapter 11 - International Business - Shaalaa.com

NCERT solutions for Business Studies [English] Class 11 chapter 11 - International Business

Shaalaa.com has the CBSE Mathematics Business Studies [English] Class 11 CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Business Studies [English] Class 11 CBSE 11 (International Business) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.

Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.

Concepts covered in Business Studies [English] Class 11 chapter 11 International Business are Introduction to International Business, Specimen of the Document Involved in International Trade or Export Trade, Reason for International Business, Importance of Documents Involved in International Trade, Concept of International Trade, Advantages of International Trade, Disadvantages of International Trade, Meaning of Export Trade, Objectives of Export Trade, Procedure of Export Trade, Meaning of Import Trade, Objectives of Import Trade, Purpose of Import Trade, Procedure of Import Trade, Meaning of World Trade Organization (WTO), Objectives of World Trade Organization (WTO), Documents Involved in International Trade Or Export Trade - Indent, Letter of Credit, Shipping Order, Shipping Bills and Mate's Receipt(DA/DP), International Business Vs. Domestic Business, Scope of International Business, Advantages of Exporting, Limitations of Exporting, Modes of Entry into International Business, Advantages of Importing, Limitations of Importing, Contract Manufacturing, Licensing and Franchising, Foreign Trade Promotion Measures and Schemes, Organisational Support, International Trade Institutions and Trade Agreements, World Bank, Concept of Joint Ventures, Wholly Owned Subsidiaries, Foreign Trade Promotion: Incentives and Organisational Support, International Monetary Fund (IMF), Meaning of International Business, Benefits of International Business.

Using NCERT Business Studies [English] Class 11 solutions International Business exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Business Studies [English] Class 11 students prefer NCERT Textbook Solutions to score more in exams.

Get the free view of Chapter 11, International Business Business Studies [English] Class 11 additional questions for Mathematics Business Studies [English] Class 11 CBSE, and you can use Shaalaa.com to keep it handy for your exam preparation.

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