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Organisation of Commerce and Management Official 2022-2023 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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Organisation of Commerce and Management [Official]
Marks: 80 Maharashtra State Board
HSC Commerce (English Medium)
HSC Commerce: Marketing and Salesmanship

Academic Year: 2022-2023
Date & Time: 27th July 2023, 11:00 am
Duration: 3h
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Note:

  1. All questions are compulsory.
  2. Figures to the right indicate full marks for the questions.
  3. Figures to the left indicate question numbers.
  4. Answer to every question must be started on a new page.

[20]1
[5]1.A | Select the correct options and rewrite the sentences.
[1]1.A.i

The functions of management end with ______.

directing

staffing

controlling

Concept: undefined - undefined
Chapter:
[1]1.A.ii

______ is the idea of bringing urban residents to rural areas by empowering to local communities, both socially and economically.

Agro tourism

Medical tourism

Entertainment

Concept: undefined - undefined
Chapter: [3] Entrepreneurship Development
[1]1.A.iii

Door to door service is provided by ______ transport.

Railway

Road

Air

Concept: undefined - undefined
Chapter:
[1]1.A.iv

In online shopping customers put the product in the ______.

shopping mall

shopping cart

shopping bag

account

digital cart

Concept: undefined - undefined
Chapter: [5] Emerging Modes of Business
[1]1.A.v

______ is celebrated as World Consumer Day.

24th December

26th January

15th March

Concept: undefined - undefined
Chapter: [7] Consumer Protection
[5]1.B

Match the correct pairs: 

  Group A   Group B
(a) Scientific management theory (1) Henry Fayol
(b) Co-ordinating (2) Business Process Outsourcing (BPO)
(c) Outsourcing  (3) F. W. Taylor
(d) Business ethics (4) Road transport office (RTO)
(e) Registered brands (5) It is an integration and synchronization of the efforts of the group
    (6) To earn profit
    (7) To manage is to forecast and plan
    (8) Trademark
    (9) Branch of social science
    (10) ISI
Concept: undefined - undefined
Chapter:
[5]1.C | State whether the following statements are true or false:
[1]1.C.i

The principles of management are universal in nature.

True

False

Concept: undefined - undefined
Chapter: [1] Principles of Management
[1]1.C.ii

Every function of management is not based on planning.

True

False

Concept: undefined - undefined
Chapter: [2] Functions of Management
[1]1.C.iii

It is the responsibility of the commercial organizations to maintain industrial peace.

True

False

Concept: undefined - undefined
Chapter:
[1]1.C.iv

Consumer Protection Act is not required in India.

True

False

Concept: undefined - undefined
Chapter: [7] Consumer Protection
[1]1.C.v

Regulated Market operates according to forces of demand and supply.

True

False

Concept: undefined - undefined
Chapter: [8] Marketing
[5]1.D
[1]1.D.i

Correct the underlined word and rewrite the following sentence.

Security in job always affects adversely on the efficiency of employees.

Concept: undefined - undefined
Chapter: [1] Principles of Management
[1]1.D.ii

Correct the underlined word and rewrite the following sentence.

Staffing is concerned with machines.

Concept: undefined - undefined
Chapter: [2] Functions of Management
[1]1.D.iii

Correct the underlined word and rewrite the sentence.

Dishonest advertising can be appreciated by customers in the long run.

Concept: undefined - undefined
Chapter:
[1]1.D.iv

Correct the underlined word and rewrite the following sentence.

District Commission is also referred to as People's Court.

Concept: undefined - undefined
Chapter: [7] Consumer Protection
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[1]1.D.v

Correct the underlined word and rewrite the following sentence.

Grading helps in avoiding breakage, damage and destruction of the product.

Concept: undefined - undefined
Chapter:
[8]2 | Explain the following terms/concepts (Any FOUR ):
[2]2.A

Explain the following technique of scientific management:

Fatigue Study

Concept: undefined - undefined
Chapter:
[2]2.B

Explain the following term/concept.

Planning

Concept: undefined - undefined
Chapter: [2] Functions of Management
[2]2.C

Explain the following term/concept.

Communication.

Concept: undefined - undefined
Chapter:
[2]2.D

Explain the following term/concept.

Social responsibility

Concept: undefined - undefined
Chapter: [6] Social Responsibilities of Business
[2]2.E

Explain the following term/concept.

Moral Values

Concept: undefined - undefined
Chapter: [6] Social Responsibilities of Business
[2]2.F

Explain the following rights of a consumer as provided under Consumer Protection Act 1986:

Right to consumer education

Concept: undefined - undefined
Chapter: [7] Consumer Protection
[6]3 | Study the following case/situation and express·your opinion (Any TWO):
[3]3.A

Study the following case/situation and express your opinion.

Mr. Harshad is an entrepreneur and is engaged in the production of eco-friendly utensils. Both male and female workers are working in his factory. All male employees are directly working on machines whereas female employees are working in Packaging Department. Mr. Sharath is working as Finance Manager while Mrs. Naina is working as HR Manager who is responsible for recruiting employees in the factory. On this basis:
  1. Identify any one principle of management in the above case.
  2. What is the designation of Mrs. Naina in this organization
  3. Who is responsible for the overall planning of the organization?
Concept: undefined - undefined
Chapter: [1] Principles of Management
[3]3.B

Study the following case/situation and express your opinion.

Mr Jagan is a salaried person. He wants to take policy for his two children which assures them protection as well as completes their financial needs once they become major by age.
  1. Suggest him a policy which can satisfy the requirements of his children.
  2. Who are beneficiaries of policy?
  3. In the above case which principle is involved?
Concept: undefined - undefined
Chapter: [4] Business Services
[3]3.C

Study the following case/situation and express your opinion.

A vehicle manufacturing company has adopted the following practices.

  1. Only those components will be used by the company which is environment friendly.
  2. There will be a discharge of harmful wastes only after their proper treatment.
  3. The pollution level of every vehicle will be maintained as per international standards.
  1. by doing this, the business organisation follows social responsibility towards which interest group?
  2. What kind of pollution do they want to avoid?
  3. What kind of message do they want to convey?
Concept: undefined - undefined
Chapter: [6] Social Responsibilities of Business
[12]4 | Distinguish between the following (Any THREE):
[4]4.A

Distinguish between.

Organizing and Co-ordinating

Concept: undefined - undefined
Chapter: [2] Functions of Management
[4]4.B

Distinguish between:

Rail Transport and Air Transport

Concept: undefined - undefined
Chapter:
[4]4.C

Distinguish between the following:

Fire Insurance and Marine Insurance

Concept: undefined - undefined
Chapter:
[4]4.D

Distinguish between.

District Commission and National Commission

Concept: undefined - undefined
Chapter:
[8]5 | Answer in brief (Any TWO):
[4]5.A

What are the advantages of outsourcing?

Concept: undefined - undefined
Chapter:
Advertisements
[4]5.B

Explain any four needs of consumer protection.

Concept: undefined - undefined
Chapter: [7] Consumer Protection
[4]5.C

Explain any four facilitating functions of marketing.

Concept: undefined - undefined
Chapter: [8] Marketing
[8]6 | Justify the following statements (Any TWO):
[4]6.A

Justify the following statement.

Taylor emphasized on standardization of tools and equipment.

Concept: undefined - undefined
Chapter:
[4]6.B

Justify the following statement.

An entrepreneur must be an innovator.

Concept: undefined - undefined
Chapter:
[4]6.C

Justify the following statement.

Online transaction is done with the help of the internet.

Concept: undefined - undefined
Chapter: [5] Emerging Modes of Business
[4]6.D

Explain any four responsibilities of the consumer.

Concept: undefined - undefined
Chapter: [7] Consumer Protection
[10]7 | Attempt the following (Any TWO):
[5]7.A

Explain the importance of controlling.

Concept: undefined - undefined
Chapter:
[5]7.B

What are the functions of warehouses?

Concept: undefined - undefined
Chapter: [4] Business Services
[5]7.C
[2.5]7.C.i

Explain the classification of market on the basis of area covered.

Concept: undefined - undefined
Chapter:
[2.5]7.C.ii

Give classification of the market in detail on the basis of ‘Volume of Transaction’.

Concept: undefined - undefined
Chapter: [8] Marketing
[8]8 | Answer the following question (Any ONE):
[8]8.A
[2]8.A.i

Define Bank.

Concept: undefined - undefined
Chapter: [4] Business Services
[6]8.A.ii

What are the secondary functions of commercial banks? 

Concept: undefined - undefined
Chapter:
[8]8.B
[4]8.B.i

Explain in detail the significance of marketing to society.

Concept: undefined - undefined
Chapter: [8] Marketing
[4]8.B.ii

State the importance of marketing to the firm.

Concept: undefined - undefined
Chapter: [8] Marketing

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