NCERT Solutions for Class 11 Business Studies Chapter 4

NCERT Solutions for Class 11 Business Studies Chapter 4 have answers to all the NCERT textbook questions. All the answers are curated by subject matter experts who have years of experience in teaching. They have written the answers keeping in mind the guidelines laid by CBSE and as per the latest syllabus. Students can refer to the solutions by Extramarks for a quick revision and to perform better in exams.

Access NCERT Solutions for Class 11 Business Studies Chapter 4 – Business Services 

NCERT Solutions for Class 11 Business Studies Chapter 4 Business Services 

NCERT Solutions Class 11 Business Studies Chapter 4 is one of the best study materials to prepare for Class 11 and competitive exams. All of the textbook questions are answered precisely and accurately in the solutions. 

Business Studies Class 11 Chapter 4 Solutions

Students often skip attempting the questions given at the end of every chapter in NCERT textbooks. However, practising these questions will help students have a better understanding of the concepts studied in every chapter. This is why they must refer to Business Studies Class 11 Chapter 4 Solutions by Extramarks. The solutions have answers to every question given in at the end of the chapter. All the answers are written in a simple language with some of them being explained with the help of relevant examples. Subject matter experts at Extramarks have prepared these solutions.

Concepts of Class 11 Chapter 4 Business Studies

The Class 11 Business Studies Chapter 4 has plenty of conceptual questions related to business terms such as services, goods, e-banking, telecom services, etc. The chapter discusses concepts such as radio paging, VSAT, DTh, etc. Students need to have a basic understanding of these concepts as they will come across these terms and concepts in their higher studies, and solving textbook questions is a part of preparing for the same. By referring to NCERT Solutions for Class 11 Chapter 4 Business Studies, students can improve their understanding of the concepts through detailed answers provided by subject matter experts and perform better in exams.

Tips to Grasp the Chapter 

  • Students are advised to read the chapter thoroughly and practise the exercise questions given at the end of the chapter. 
  • Students must understand the answering pattern of each question, as this will help them score higher marks in exams.
  • Students should prepare notes of every chapter, as these will come in handy during revision.
  • Students should also refer to sample papers, mock tests and other learning materials offered by Extramarks.

Related Questions

  • What are the services and goods?

Service involves the interaction between the service provider and the customer to realise the requirement of the customer. Examples of services are DTH service, internet service, etc. Goods on the other hand are physical products that are transferred to the purchaser by the seller. The transfer involves ownership of the product by the customer. Goods can also refer to commodities or products of various types except services involved in trade or commerce. Examples of goods are food items and any physically tangible item. 

  • What do you mean by telecom services available for enhancing businesses?

Various telecom services can enhance businesses. Some of them are:

  • Cellular mobile service – It includes voice and non-voice transmission and data transmission.
  • Radio paging service – A one-way communication system to send out information in the form of numeric, tone or alphanumeric messages.
  • Fixed line service – Fibre optic cables are installed in this type of service to transmit data that includes both voice and non-voice communication.
  • Cable service – It is used to transmit media-related information to a specific area. A license is required to provide cable service. The data flow is unidirectional in this type of service. 
  • VSAT service – It is a satellite communication service that sends information to remote locations. It helps businesses as well as governments to increase their reach and work more flexibly. 
  • DTH service – DTH or direct home service is a type of telecom service that is provided by DTH companies. DTH enables customers to connect their television to a set-top box or dish antenna to receive tv channels through satellites.

FAQs (Frequently Asked Questions)

Extramarks is a leading online learning platform that provides sample papers, past years’ question papers, and other learning materials to students from Class 1 to 12. Students who are looking for answers to the questions given in NCERT textbooks can also refer to the Solutions provided by Extramarks. All the study material on the website is prepared by subject matter experts who have ensured its high level of accuracy and understanding.

NCERT Solutions for Class 11 Business Studies Chapter 4 have answers to all textbook questions written in a simple manner. These solutions will help you frame better answers for your exams. As the solutions are prepared by subject matter experts, you can trust them for accuracy. 

Warehousing refers to a scientific method of storing and preserving goods before they are sold in the market. It is very important for businesses to ensure timely delivery of goods to customers without compromising on quality or value. The first function of warehousing is that it provides a storehouse for goods that are not yet ready to be sold. Another function of warehousing is that it helps in the consolidation of goods such as milk that are stored in small quantities but sold in bulk. 

E-banking or online banking refers to the use of electronic medium (internet) for banking transactions like money transfers, loan applications, applying for checkbooks, and account balance checking. E-banking allows customers to use services offered by banks, anytime and anywhere and also saves a lot of time. Another advantage of e-banking is that it reduces the load on banks by allowing customers to perform in online transactions. Thus, e-banking has made life very simple for customers and simplified the process of making transactions.