Free Nios Business Studies (215) Solved Tutor Mark Assignment (TMA) 2024-25

Free Nios Business Studies (215) Solved Tutor Mark Assignment (TMA) 2024-25

Nios Class 10 Tutor Marked Assignment 2024-25 March/April 2025 & Ocotber/November 2025 Exam

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1. Answer any one of the following questions in about 40 to 60 words.

Q. (a) Observe the various modes of transport near your residence and write any two advantages and limitations.

 

Ans. Modes of Transport Near My Residence

1. Bicycles

• Advantages:
• Eco-friendly: Bicycles do not emit any pollutants, making them an environmentally sustainable mode of transport.
• Health benefits: Riding a bicycle provides physical exercise, promoting fitness.
• Limitations:
• Limited speed: Bicycles are slower compared to motorized transport, especially over long distances.
• Weather dependency: Riding a bicycle can be difficult in harsh weather conditions like rain or extreme heat.

2. Cars

• Advantages:
• Comfort and convenience: Cars provide a comfortable and private mode of transportation, suitable for long distances.
• Flexibility: Cars offer the flexibility to travel at any time and to any destination without depending on public schedules.
• Limitations:
• Pollution: Cars emit greenhouse gases, contributing to environmental pollution and climate change.
• Traffic congestion: In urban areas, cars often face traffic jams, which can delay travel.

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2. Answer any one of the following questions in about 40 to 60 words.

Q. (a) Warehousing is one of the important auxiliaries to trade. Explain this statement in about 60 words.

 

Ans.

Warehousing is a crucial auxiliary to trade as it ensures the safe storage of goods until they are needed for sale or production. It helps businesses maintain a steady supply of products, manage seasonal demands, and prevent stock shortages. By offering proper facilities for storing goods, warehousing supports smooth trade operations, reduces losses, and enhances business efficiency, contributing to overall economic activity.

 

3. Answer any one of the following questions in about 40 to 60 words.

Q. (a) Besides carrying mail through various means as discussed earlier, post office offers some special services to the business firms. Name any two and explain.

 

Ans. The post office offers special services to business firms such as:

 

(i) Value Payable Post (VPP) - Under this service post office receives the properly packed goods from the seller and carries those to the customers. After receiving the total amount (that includes the price of the goods and the VPP charges) from the customer it delivers the goods. Then the post office sends the money to the seller.

 

(ii) Express Post - Post office offers a reliable, speedy and economical parcel service to the corporate and business customers through its express post. It provides a time bound door-to-door delivery of parcels upto 35 kgs. in weight.

 

 

4. Answer any one of the following questions in about 100 to 150 words.

Q. (b) Do you think that to be a successful salesperson only personal and mental qualities are sufficient? Give reasons in support of your answer.

Ans.  While personal and mental qualities are essential for a successful salesperson, they alone are not sufficient.

1. Physical Qualities: A salesperson should have a good appearance and an impressive personality. These attributes help create a positive first impression and build trust with customers.
2. Mental Qualities: Key mental traits like imagination, self-confidence, and alertness are crucial for understanding customer needs and preferences.
3. Integrity of Character: Honesty and integrity are vital for gaining the trust of both customers and employers. A salesperson must be loyal and guide customers honestly to meet their needs.
4. Knowledge of the Product and Company: In-depth knowledge about the products and the company is necessary. A salesperson must be able to explain product features, usage, and precautions, as well as the company’s reputation and competitive advantages.
5. Good Behavior: Courteous and cooperative behavior fosters customer confidence. A successful salesperson must remain polite and patient, even when faced with challenging questions or interactions.
6. Ability to Persuade: Effective communication skills are essential for engaging customers and convincing them to make purchases.

In conclusion, a combination of physical and mental qualities, along with integrity, product knowledge, good behavior, and persuasive abilities, are all critical for a successful salesperson.

5. Answer any one of the following questions in about 100 to 150 words.

Q. (a) Inspite of being a convenient method of buying goods, tele shopping is not used by consumers very often. Why?

Ans. Despite its convenience, tele-shopping is not widely used by consumers for several reasons:

1.     Lack of Physical Inspection: Consumers often prefer to see and touch products before buying. The inability to physically inspect items can lead to hesitance.

2.     Limited Product Range: Tele-shopping platforms may offer a narrower selection compared to physical stores, making it less appealing for consumers seeking variety.

3.     Trust Issues: Some consumers may doubt the credibility of tele-shopping channels, fearing scams or substandard products.

4.     Shipping Costs: Additional shipping fees can make tele-shopping less economical, particularly for low-cost items.

5.     Return Difficulties: The process of returning items purchased through tele-shopping can be cumbersome, discouraging potential buyers.

6.     Technology Barriers: Not all consumers are comfortable with the technology required for tele-shopping, limiting its user base.

7.     Preference for In-Store Experience: Many consumers enjoy the social and sensory experience of shopping in physical stores, which tele-shopping cannot replicate.

8.     Since orders are received orally on telephone, there is no record of dealings. Thus, disputes over terms and conditions of sale may be difficult to resolve.

9.     Credit facility is not available to the buyers.

6.  Prepare any one project out of the following.

(a) Goods may be purchased either by inspecting them personally or on the basis of a         sample or pattern examined or on the basis of description or brand name. Mention the Methods of sale include sale on hire purchase basis.

 

Ans.                                                   

   Project Work

Introduction

Goods can be purchased through various methods, allowing consumers to choose based on their preferences and needs. This project focuses on different sales methods, including the hire purchase basis and others.

1. Methods of Sale

i. Personal Inspection

Description: Consumers visit stores to examine products physically before buying.

Advantages:

• Immediate gratification.
• Ability to negotiate.

Limitations:

• Time-consuming.
• Limited to local options.

ii. Sale by Sample or Pattern

Description: Buyers select products based on samples shown by the seller.

Advantages:

• Assured quality.
• Useful for bulk orders.

Limitations:

• Risk of discrepancies between sample and final product.

iii. Sale by Description or Brand Name

Description: Purchases are made based on written descriptions or known brand names.

Advantages:

• Convenient for online shopping.
• Trust in established brands.

Limitations:

• No physical evaluation.
• Possible misleading descriptions.

iv. Hire Purchase Basis

Description: Consumers can buy goods by paying in installments. Ownership remains with the seller until full payment is made.

Process:

• An initial payment followed by regular installments.
• Ownership transfers once the total amount is paid.

Advantages:

• Accessible for expensive items.
• Immediate use of the product.

Limitations:

• Higher total cost due to interest.
• Risk of losing the item for non-payment.

v. Sale Through Instalment Payment System

Description: Goods are sold with payment agreed in installments; ownership passes after the initial payment.

Advantages:

• Flexible payment options.
• Consumers can budget effectively.

Limitations:

• Seller can only sue for payment; cannot reclaim goods.

vi. Sale on Approval Basis

Description: Goods are delivered with the option to return them if unsatisfactory within a specific period.

Advantages:

• Reduces buyer's risk.
• Encourages purchasing.

Limitations:

• May involve delays in payment.

vii. Sale Through Tender

Description: Large organizations invite bids for the supply of goods, selecting the most competitive offer.

Advantages:

• Ensures competitive pricing.
• Transparent process.

Limitations:

• Time-consuming.
• Not suitable for small purchases.

viii. Auction Sale

Description: Goods are sold to the highest bidder at a specified time.

Advantages:

• Potential for getting items at lower prices.
• Competitive bidding can drive prices up.

Limitations:

• Uncertainty about final price.
• Not all items are suitable for auction.

ix. Wash Sales

Description: Sellers conduct periodic sales to clear excess stock at discounted prices.

Advantages:

• Attracts price-sensitive customers.
• Helps in inventory management.

Limitations:

• May affect brand value if overused.
• Limited selection of items.

Conclusion:

Understanding different sales methods helps consumers make informed choices based on their financial situation and needs. Each method has its advantages and limitations, providing flexibility in purchasing decisions. The hire purchase basis is especially beneficial for those seeking to acquire expensive items without immediate full payment.

 

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