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Mansi orders a mixer on the basis of an...

Mansi orders a mixer on the basis of an advertisement in a newspaper specifying the features, price, delivery terms. It specified that the term of payment will be VPP only. Identify this type of retail business.

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Radha recently came across an advertisement of a supply of weight reducing equipment in the news paper. The product is being manufactured by a small trader and is available for sale throughout the country by placing an order throught post.The buyer has been given a option of cash on delivery or digital cash as a payment option. I. Identify the type of retail trade being described in above para. II. State any three features of that trade

Radhika Priya Dasi opened a boutique along with four workers . No problem of any type was faced in opening the boutique . At her boutique special dresses made for marriages and parties are sold . Despite there being a lot of competition in the market , the boutique was earning a good profit . Since all the profit went into her pocket , Radhika Priya Dasi was increased from 4 to 6 by her . All of them were happy since the business was running successfully . Unfortunately , one day the boutique caught fire due to a short circuit . Consequently , Radhika Priya Dasi had to suffer a heavy loss . The circumstances deteriorated so much that she had to dispose off her personal properties to repay the boutique's debts. In order to revive the boutique, she approached a bank which did not extend a long-term loan to her . (a) Identify the form of business organisation discussed in the above para . (b) Explain any three merits of the form of business organisation identified in (a) by quoting the lines from the above para . (c) Also explain any two limitations of the form of business organisation identified in (a) by quoting the lines from the above para .

Sanjeev has been running a successful business of manufacturing traditional Indian wear for women including sarees and lehengas. His friend Rajeev who is engaged in the business of providing web designing solutions to his clients, suggests him to explore the option of selling his products online. Sanjeev agrees to his suggestion and decides to venture into online business, keeping in view the various e-commerce regulations in order to avoid imposition of any penalty. In order to facilitate the sale of the products Sanjeev decides to offer multiple payment options such as cash on delivery, credit or debit card transactions, net banking to the buyers etc. Identify one feature of planning indicated in the above para

After completing her studies in product design, Sarita wishes to start her own business to design products to cater to the mobility and communication requirements of persons with special needs. She told her friend that she wanted to focus on supplying high-quality products at affordale prices. The Unique Selling Proposition (U.S.P) of the products would be sensitivity to the challenges and needs of the differently abled people. She wants to employ only differenty abled persons in her factory and sales offices across the country. This decision of Sarita provides the base for interpreting her strategy. This also defines the broad parameters within which the company may recruit the persons. Sarita has also to decide about the exact manner and the chronological order of how the selection of the differently abled applicants will be done. In the above lines, Sarita is discussing about one of the functions of management. This function has several types. Identify and explain the types Sarita is discussing in the above lines

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