11th Commerce - Book Back Answers - Chapter 8 - English Medium Gudies

 

  

 


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    Tamil Nadu Board 11th Standard Commerce - Chapter 8: Book Back Answers and Solutions

        This post covers the book back answers and solutions for Chapter 8 – Commerce from the Tamil Nadu State Board 11th Standard Commerce textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.

        We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.

        By going through this material, you’ll gain a strong understanding of Commerce  Chapter 8 along with the corresponding book back questions and answers (PDF format).

    Question Types Covered:

    • 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following 
    • 2 Mark Questions: Answer briefly 
    • 3, 4, and 5 Mark Questions: Answer in detail

    All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.

    All the best, Class 11 students! Prepare well and aim for top scores. Thank you!

    Chapter 8: MULTI NATIONAL CORPORATIONS (MNCs)


    I. Choose the correct answer

    1. A Multinational Corporation can be defined as a firm which
    a) is beyond the control of any government
    b) is one of the top 200 firms in the world
    c) owns companies in more than one country
    d) All the above
    Answer Key:
    c) owns companies in more than one country

    2. Centralised control in MNC’s implies control exercised by
    a) Branches
    b) Subsidiaries
    c) Headquarters
    d) Parliament
    Answer Key:
    c) Headquarters

    3. Enterprises operating in several countries but managed from one country is termed as ___
    a) Government company
    b) Multinational Company
    c) Private company
    d) Joint Venture
    Answer Key:
    b) Multinational Company

    4.Dispersal of decision making power to branches/affiliates/subsidiaries by head office  represents ____
    a) Centralisation
    b) Decentralisation
    c) Power
    d) Integration
    Answer Key:
    b) Decentralisation

    5. Coca-Cola company is an example of __________
    a) MNC
    b) Government company
    c) Joint Venture
    d) Public company
    Answer Key:
    a) MNC

     

    II. Very Short answer questions

    1.Define Multinational Company.
    “A multinational corporation owns and manages business in two or more countries.”                                                         
                                                  - Neil H.Jacoby
      
                                                                                                                                                                         
    2.Write any two advantages of MNC’s.  
    Low Cost Labour
    •  MNC set up their facilities in low cost countries and produce goods/service at lower cost.   
    Technical Development
    • MNCs carry the advantages of technical development 10 host countries.

    3. Give two examples of MNC’s.
    • Suzuki
    • Timex
    • Sony
    • Bata

    III. Short answer questions

    1. Name the type of business enterprises which operates in more than one country.
    • Suzuki
    • Timex
    • Sony
    • Bata

    2. Write any three Indian MNC’s.
    • Micromax
    • Hero
    • TATA     
    • TVS
    • Bajaj
     

    IV. Long answer questions

    1. What are the advantages of MNC’s? (any 5)
    Low Cost Labour
    • MNC set up their facilities in low cost countries and produce goods/service at lower cost.   
    Technical Development
    • MNCs carry the advantages of technical development 10 host countries.
    End of Local Monopolies
    • The entry of MNCs leads to competition in the host countries.
    Mechnical Development
    • MNCs carry the advantages of technical development 10 host countries.
    Managerial Development
    • MNCs employ latest management techniques.

    2. What are the disadvantages of MNC’s? (any 5)
    Danger for Domestic Industries
    • MNCs, because of their vast economic power, pose a danger to domestic industries
    Transfer of Outdated Technology
    • Where MNCs transfer outdated technology to host nation, it serves no purpose.
    No Benefit to Poor People
    • MNCs produce only those things, which are used by the rich.
    Danger to Independence
    • Initially MNCs help the Government of the host country, in a number of ways
    Selfish Promotion of Alien Culture
    • MNCs tend to promote alien culture in host country to sell their products.


     


     

     

     

     






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