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Medium-term Loans are taken for a period of ______ to meet the working capital requirements.
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The task of getting things done by others is known as management.
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Legal responsibility is broader than the social responsibility of business.
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Study the following case/situation and express your opinion.
| Ram purchases a watch from Titan shop and his friend sham purchases a watch from an online shopping site. |
- Which shopping is from a traditional business?
- Which shopping is from e-business?
- Which business involved high risk?
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The term e-business came into existence in the year 1998.
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Explain the following term/concept in detail.
Entrepreneur
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Justify the following statement.
Principles of management can be applied universally.
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Justify the following statement.
Social responsibility is necessary for the protection of the environment.
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Match the correct pairs:
| Group ‘A’ | Group ‘B’ | ||
| (a) | Henry Fayol | (1) | It is the process of instructing, guiding, communicating and motivating |
| (b) | Directing | (2) | Scientific Management theory |
| (c) | Responsibility towards Government | (3) | It is the process of recruiting, selecting, placing and remunerating |
| (d) | Digital cash | (4) | To earn profit |
| (e) | Monopoly | (5) | Respecting rules and regulations |
| (6) | Exist only in cyber space | ||
| (7) | Exist everywhere | ||
| (8) | Single buyer | ||
| (9) | Modern management theory | ||
| (10) | Single seller |
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Explain the following term/concept in detail:
Globalisation
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Study the following case/situation and express your opinion:
Mr. Sumedh is a young MBA degree holder and Mr. Mayur is a B.Com graduate. Mr. Sumedh is willing to start a dairy farm at his village. Mr. Mayur is willing to work as a cashier in a private company.
- Find out the dream of Mr. Sumedh and Mr. Mayur.
- State any 1 feature of entrepreneur.
- To become a successful entrepreneur, which qualities Mr. Sumedh should have?
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Match the pair:
| Group 'A' | Group 'B' |
| (a) Organising | (1) Branch of natural science |
| (b) Reserve Bank of India (RBI) | (2) F. W. Taylor |
| (c) E-business | (3) Trademark |
| (d) Business ethics | (4) Central bank |
| (e) Registered brands | (5) Electronic business |
| (6) Decides the ways and means to achieve what has been planned | |
| (7) Branch of social science | |
| (8) Efficient business | |
| (9) Commercial bank | |
| (10) Single Buyer |
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Services are homogeneous.
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Select the correct option from the bracket and complete the table:
(e-business, Agro-tourism, Planning, High Court Judge, Recurring Deposit Account)
| Group 'A' | Group 'B' |
| (a) ____________ | (1) The detailed programme of future course of action |
| (b) The idea of bringing urban resident to agricultural farm | (2) ____________ |
| (c) ____________ | (3) Account operated by salaried and businessmen both |
| (d) Superset of e-commerce | (4) ____________ |
| (e) ____________ | (5) State Commission |
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The concept of e-business was coined in late 90s by ______.
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Principles of management improve the efficiency of employees.
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Explain the following function of marketing:
Grading
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