Answer the following problems.

problem 1) State Multinational Company. Describe nature and scope of Multinational Company.

problem 2) What are the characteristics of Organisation? Describe essentials of Successful Business Organisation.

problem 3) Define ‘Public Enterprise’. Describe its objectives, advantages and limitations.

problem 4) What is Industrial Co-operative? Describe advantages and types of Industrial Co-operatives.

problem 5) State Functional Organisation. Describe its merits and limitations.

problem 6) What do you mean by ‘Size of the Firm’ ? Define and describe determinants of the Size of the Firm.

problem 7) State ‘Wholesale Trade’ and ‘Retail Trade’. Differentiate between Wholesale Trade and Retail Trade.

problem  8) What is Business Communication ? Describe various barriers in Business Communication.

problem 9) prepare brief notes on:

(a) Business Combination

(b) Importance of Multinational Companies

(c) Buying Policies

(d) Importance of Communication

(e) Concept of Optimum Firm

(f) Benefits of Mergers

(g) Importance of Transport Organisation

(h) Importance of Foreign Trade