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Organisation of Commerce and Management Official 2023-2024 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: 2023-2024
Date & Time: 9th August 2024, 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

F. W. Taylor recommended total ______ foremen to control the various aspects of production.

eight

three

two

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

Bank provides an overdraft facility to ______ account holders.

Current

Saving

Fixed Deposit

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

For Online transactions, ______ is required.

registration

trading

business

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

Business or organisations should protect health and provide safety measures to ______.

Employees

Shareholder

Customers

Owners

Investors

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

The President of District Forum is ______.

District Judge

High Court Judge

Supreme Court Judge 

Concept: undefined - undefined
Chapter:
[5]1.B

Match the correct pairs:

Group 'A' Group 'B'
(a) Directing (1) Single seller
(b) Warehousing (2) It is the process of recuiting, selecting, placing and remunerating
(c) Outsourcing (3) To maintain solvency and prestige
(d) Responsibility towards investors (4) Road Transport Office (RTO)
(e) Monopoly (5) Time utility
  (6) To service society
  (7) Multiple sellers
  (8) Place utility
  (9) It is the process of instructing, guiding, communicating and motivating
  (10) Business Process Outsourcing (BPO)
Concept: undefined - undefined
Chapter:
[5]1.C
[1]1.C.i

Find the odd one.

Selecting

Training

Co-ordinating

Placing

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

 Find the odd one.

B2B

B2C

A2Z

C2C

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

Find the odd one.

Endowment policy

Whole life policy

Money back policy

Blanket policy

Concept: undefined - undefined
Chapter: [4] Business Services
[1]1.C.iv

Find the odd one.

District Commission

State Commission

NGO

National Commission

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

Find the odd one.

Primary Market

Secondary Market

Retail Market

Terminal Market

Concept: undefined - undefined
Chapter: [8] Marketing
[5]1.D |  State whether the following statements are True or False:
[1]1.D.i

Cooperation is not necessary for the smooth flow of organizational activities.

True

False

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

Businessmen are trustees of society.

True

False

Concept: undefined - undefined
Chapter: [6] Social Responsibilities of Business
[1]1.D.iii

Business services are important for the growth of business.

True

False

Concept: undefined - undefined
Chapter: [4] Business Services
[1]1.D.iv

Consumer Protection Act provides protection to the producer.

True

False

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

The term market is derived from the Greek word ‘Mercatus’.

True

False

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

Explain the following term/concept:

Wholesale Market.

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

Explain the following term/concept:

Utmost Good Faith

Concept: undefined - undefined
Chapter:
[2]2.C
[1]2.C.i

Explain packaging.

Concept: undefined - undefined
Chapter: [8] Marketing
[1]2.C.ii

Explain the term:

Labelling

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

Explain the following term/concept.

Janhit Yachika

Concept: undefined - undefined
Chapter: [7] Consumer Protection
[2]2.E

Explain the principle of ‘Scalar Chain’ and gang plank.

Concept: undefined - undefined
Chapter: [1] Principles of Management
[2]2.F

Explain the following term/concept:

Services

Concept: undefined - undefined
Chapter:
[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. Sanjay is a businessman. He has his own factories in Pune and Nashik. He lives in Pune with his wife and 2 daughters aged 5 and 8 years:
  1. Can Mr. Sanjay take a life insurance policy for his wife and children?
  2. Can Mr. Sanjay take a marine insurance policy for his factories?
  3. Which type of insurance should Mr. Sanjay take for protecting his factories from loss due to fire?
Concept: undefined - undefined
Chapter:
[3]3.B

Study the following case/situation and express your opinion:

Mr. Jay purchases some gift articles online from www.flipkart.com. At the same time Sheetal purchased gifts from e-bay.com.
  1. Which website is related to C2C?
  2. Which website is related to B2C?
  3. Which first step Mr. Jay should follow while doing online transaction?
Concept: undefined - undefined
Chapter:
[3]3.C

Study the following case/situation and express your opinion.

Yashwant Co. Ltd. is providing facilities for their female staff like a day care centre for kids and work from home facility. Even management takes their suggestions while taking the decisions, though they are members of the trade union.
  1. By doing this they are following social responsibilities towards which interest groups?
  2. What values are they presenting?
  3. What kind of responsibilities employer follows in the above case?
Concept: undefined - undefined
Chapter: [6] Social Responsibilities of Business
[12]4 | Distinguish between the following: (Any three)
[4]4.A

Distinguish between the following:

State Commission and National Commission.

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

Distinguish between the Central Bank and the Commercial Bank.

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

Distinguish between the following:

Organising and Staffing

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

Distinguish between BPO and KPO.

Concept: undefined - undefined
Chapter: [5] Emerging Modes of Business
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[8]5 |  Answer in brief: (Any two)
[4]5.A

Explain in detail the significance of marketing to society.

Concept: undefined - undefined
Chapter: [8] Marketing
[4]5.B

State any four rights of the consumer.

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

State the responsibilities of business towards government.

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

Justify the following statement.

Principle of equity is important.

Concept: undefined - undefined
Chapter: [1] Principles of Management
[4]6.B

Justify the following statement.

The Consumer Protection Act was passed in the interest of consumers.

Concept: undefined - undefined
Chapter: [7] Consumer Protection
[4]6.C

Justify the following statement:

Market is a ‘place where businessmen transact’.

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

Justify the following statement.

Air transport is the fastest mode of transport.

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

Explain the importance of marketing to the consumers.

Concept: undefined - undefined
Chapter: [8] Marketing
[5]7.B

Explain any five functions of an entrepreneur.

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

What are the principles of scientific management? Explain in detail.

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

What is warehousing?

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

Explain different types of warehouses.

Concept: undefined - undefined
Chapter: [4] Business Services
OR
[8]8.B
[2]8.B.i

Define ‘Planning’.

Concept: undefined - undefined
Chapter:
[6]8.B.ii

State the Importance of Planning?

Concept: undefined - undefined
Chapter:

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