Commerce Set 1 2016-2017 ISC (Commerce) Class 12 Question Paper Solution

What is meant by Macro Environment?

What is the importance of finance to a business concern? 

Give two merits of Inter Corporate Deposits.

Define Management.

Explain the principle of Authority and Responsibility, as laid down by Henry Fayol. 

What is the Demand Draft? 

State any two features of advertising. 

Distinguish between training and development.

Explain any four facilitating functions of marketing.

Agrim purchased a Diesel Car for ₹ 7 Lakhs from an automobile Company and found its engine to be defective. Despite many complaints, the defect was not rectified. Suggest the appropriate authority where Agrim under his right as a consumer, could file a complaint. 

Explain the three disadvantages of preference shares from the investors’ point of view. 

Explain the qualities of a good leader? Do the qualities alone ensure leadership success?

State any three points of importance of business environment

Give three differences between advertising and personal selling. 

Explain any four features of a budget. 

Answer the following question.
You are the finance manager of a newly established company. The Directors have asked you to determine the amount of fixed capital requirements for the company. Explain any five factors that you will consider while determining the fixed capital requirement for the company.

Give three points in support of the statement, “Organising is an important function of management.” 

What is the social environment? Enumerate any three components of the social environment. 

Explain any four characteristics of ‘principles of management’.

What are the objectives of personal selling? 

Explain the following:

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Explain any two points highlighting the importance of 'controlling' function of management.

Distinguish between marketing and selling.

Explain any four objectives of communication.

Explain the first five steps involved in selecting a suitable workforce in an organization. 

Explain Buying as a function of marketing. 

Write a short note on ‘RTGS’.

Give any two features of RTGS.

Management is the dynamic, life-giving element in every business. In the context of this statement, explain the importance of management in modem times.

Give three points of difference between Taylor’s and Fayol’s Principles of management.

Explain four advantages of raising funds from commercial banks.

Discuss any five points of importance of marketing.

Write Short Note on Publicity.

Write Short Note on Secured Debentures

Give the meaning of objectives and budget as types of plans.