Question

Arif and Mohammad were twin brothers. Both were M.B.A. students in a renowned institute. Their degree course was about to complete when a multi-national company visited the institute and selected both of them. Both the brothers were fond of social activities. They decided to set up in their own village such a work that not only provided self employment but employment to others as well. In order to make their decision successful they left their job. Arif set-up a factory in his own village. This factory produced flour, oil and cotton. In this way he established a manufacturing unit producing not one but three products. Thus, he provided employment to as many as 80 persons, On the other hand, Mohammad opened a show room in a nearby town. He engaged himself in trading the goods produced by Arif. The salient feature of his business was that he used to sell 100% pure products at minimum possible price. Efforts of both the brothers resulted in full support to the development of their area. (a) In the above paragraph, two factors affecting fixed capital have been mentioned concerning Arif's business. Identify them. (b) Identify source of recruitment as mentioned in the above paragraph. (c) In the above paragraph, identify any two values that are being provided to the society.

Answer 1

Answer:

c is for the question answer

Answer 2

Answer:

(a) The factors affecting fixed capital which have been mentioned concerning Arif's business are:

(i) Nature of Business-

Line- 1."He established------three products. "

2. "He engaged------produced by Arif. "

(ii) Diversification-

Line- " This factory produced------but three products. "

(b) There is External Source of Recruitment, i.e., Campus Recruitment as mentioned in the above paragraph.

Line- " Their degree course------both of them. "