Maharashtra State BoardHSC Commerce 12th Board Exam
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Organisation of Commerce and Management 2012-2013 HSC Commerce 12th Board Exam Question Paper Solution

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Organisation of Commerce and Management
Marks: 100Academic Year: 2012-2013
Date: March 2013

[20]1
[5]1.A |  Select the proper option from the options given below and rewrite the sentences:
[1]1.A.1

Indian Partnership Act was passed in the year...............................

1912

1923

1932

Concept: Concept of Partnership
Chapter: [0.01] Forms of Business Organizations
[1]1.A.2

 Globalization is concerned with _________ market .

(a) Regional

(b) National

(c) World

Concept: Process of Entrepreneurship Development
Chapter: [0.03] Entrepreneurship Development [0.08] Entrepreneurship Development
[1]1.A.3

Fulfillment of social responsibility shows _________ image of the organisation .

(a) Good

(b) Bad

(c) Poor

Concept: Concept of Social Responsibility
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[1]1.A.4

Multinational companies have a network of subsidiaries in  _________.

(a) Home country

(b) Several countries

(c) State only

Concept: Choice of Form of Business Organization
Chapter: [0.01] Forms of Business Organizations
[1]1.A.5

 Dr. Deming developed the concept of _________ 

(a) Total quality management

(b) Event management

(c) Professional management

Concept: Management Functions
Chapter: [0.07] Functions of Management
[5]1.B

 (B) Match the correct pairs :        

Group ‘A’

Group ‘B’

(a) Shareholder (1) High Court Judge
(b) National commission (2) Owner of the company
(c) Lower level management (3) Unlimited liability
(d) Sole trading concern (4) Supreme Court Judge
(e) Fair prices (5) Planning and policy making
    (6) Creditors of the company
    (7) Responsibility towards workers
    (8) Joint Hindu family business
    (9) Implementing the policies
    (10) Responsibility towards consumers
Concept: Responsibility Towards - Employees
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[5]1.C |  Fill in the blanks and rewrite the sentences :
[1]1.C.1

One member one vote' is the principle of _________ organisation.

Concept: Concept of Cooperative Societies
Chapter: [0.01] Forms of Business Organizations
[1]1.C.2

In modern competitive market consumer is regarded as _________.

Concept: Need and Importance of Consumer Protection
Chapter: [0.07] Consumer Protection
[1]1.C.3

 Henry Fayol developed altogether _________ principles of management.

Concept: Concept of Principles of Management
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[1]1.C.4

Staffing is concerned with _________.

Concept: Management Functions
Chapter: [0.07] Functions of Management
[1]1.C.5

India had adopted the policy of liberalization in the year _________.

Concept: Role of Consumer Organizations and Non-governmental Organizations (NGOs)
Chapter: [0.05] Consumer Protection
[5]1.D | Write an appropriate word or a phrase or a term for each of the following statements:
[1]1.D.1

State the name of forum which settles the claims of the consumers up to Rs 20 lakhs.

Concept: Consumer Protection Act 1986
Chapter: [0.05] Consumer Protection
[1]1.D.2

State the principle of management which refers to concentration of power or authority.

Concept: Concept of Principles of Management
Chapter: [0.01] Principles of Management [0.06] Principles of Management
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[1]1.D.3

A company in which there are maximum 50 members.

Concept: Concept of Company
Chapter: [0.01] Forms of Business Organizations
[1]1.D.4

An art of getting things done through others

Concept: Management Functions
Chapter: [0.07] Functions of Management
[1]1.D.5

The first and basic function of management.

Concept: Management Functions
Chapter: [0.07] Functions of Management
[15]2 | Attempt Any THREE
[15]2.A |  Write short notes
[5]2.A.1

Features of a Government company.

Concept: Concept of Company
Chapter: [0.01] Forms of Business Organizations
[5]2.A.2

Features of globalization.

Concept: Process of Entrepreneurship Development
Chapter: [0.03] Entrepreneurship Development [0.08] Entrepreneurship Development
[5]2.A.3

Write short note on the following.

Rights of consumers.

Concept: Consumer Protection Act 1986
Chapter: [0.05] Consumer Protection
[5]2.A.4

Characteristics of planning. 

Concept: Management Functions
Chapter: [0.07] Functions of Management
[5]2.A.5

Importance of total quality management.

Concept: Management Functions
Chapter: [0.07] Functions of Management
[15]3 |  (Any THREE) :
[15]3.A | Distinguish between the following.
[5]3.A.1

Co-operative society and Joint stock company.

Concept: Concept of Cooperative Societies
Chapter: [0.01] Forms of Business Organizations
[5]3.A.2

Distinguish between the following: 

State commission and National commission.

Concept: Concept of Consumer Protection
Chapter: [0.05] Consumer Protection
[5]3.A.3

 Private Company and Public Company

Concept: Concept of Company
Chapter: [0.01] Forms of Business Organizations
[5]3.A.4

Top level management and Middle level management

Concept: Concept of Principles of Management
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]3.A.5

Planning and Controlling

Concept: Management Functions
Chapter: [0.07] Functions of Management
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[15]4 | ( Any THREE):
[15]4.A | State with reasons whether the following statements are TRUE or FALSE.
[5]4.A.1

Commercial organisations have different types of social responsibilities.

Concept: Concept of Social Responsibility
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[5]4.A.2

Event management deals with management of routine activities.

Concept: Management Functions
Chapter: [0.07] Functions of Management
[5]4.A.3

 Now a days management is treated as a separate profession in modern world.

Concept: Concept of Principles of Management
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]4.A.4

India does not get any benefit from the World Trade Organisation.

Concept: Process of Entrepreneurship Development
Chapter: [0.03] Entrepreneurship Development [0.08] Entrepreneurship Development
[5]4.A.5

Consumer movement is a social movement.

Concept: Consumer Awareness
Chapter: [0.05] Consumer Protection
[15]5 | (Any THREE) :
[15]5.A | Write short answers of the following.
[5]5.A.1

 State the social responsibilities of business towards shareholders.

Concept: Responsibility Towards - Consumers
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[5]5.A.2

State any 'five principles of Henry Fayol.

Concept: Significance of Principles of Management
Chapter: [0.06] Principles of Management
[5]5.A.3

 State the nature of staffing.

Concept: Management Functions
Chapter: [0.07] Functions of Management
[5]5.A.4

State the features of management.

Concept: Concept of Principles of Management
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[10]6
[10]6.A

Long answer type question.

Define Sole Trading Concern and explain its merits and demerits.  

Concept: Merits of Sole Proprietorship Or Sole Trader
Chapter: [0.01] Forms of Business Organizations
OR
[10]6.B

 Define Partnership Firm and explain its features

Concept: Concept of Partnership
Chapter: [0.01] Forms of Business Organizations
[10]7
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[10]7.A

 What is Management? Explain the nature of management.    

Concept: Concept of Principles of Management
Chapter: [0.01] Principles of Management [0.06] Principles of Management
OR
[10]7.B

Explain the social responsibilities of business organisations towards consumers

Concept: Responsibility Towards - Consumers
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
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Maharashtra State Board previous year question papers 12th Board Exam Organisation of Commerce and Management with solutions 2012 - 2013

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