Question

6. Sridhar is planning to set up a book store in a popular complex in Lucknow His prime
idea of promoting this business is to reinstate the diminishing reading habits among
the people of all age groups. The publication of books usually takes place in particular
locations. Besides, he also a needs communication facilities so as to enable publishers,
traders and consumers exchange information with one another. He is planning to take
a loan of 2 lakh from bank for his business. Moreover, he will be using facilities of
cheque payment, online payment etc. for various transactions. Considering the fact that
his business involves various types of risks and must be protected against fire, theft and
other risks. Also, material and goods kept in stock or in transit are subject to the risk of
loss or damage. At the same time, employees are also required to be protected against
the risks of accident and occupational hazards. Furthermore, he needs to inform and
persuade the target market about his business so as to promote his business.
In context of the above case:
(a) Identify the different auxiliaries to trade which Sudhir will require by quoting the
relevant lines.
(b) Also, mention the type of utility created by each of these auxiliaries to trade as
identified in part(a) of the question​

Answer 1

Answer:

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Explanation:

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