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Organisation of Commerce and Management 2013-2014 HSC Commerce (Marketing and Salesmanship) 12th Board Exam Question Paper Solution

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Organisation of Commerce and Management
Marks: 80Academic Year: 2013-2014
Date: October 2013

[15]1 | Attempt The Following Quesyions
[5]1.A | Select the proper option from the options given below and rewrite the sentences:
[1]1.A.1

The maximum number of member is a private company are ___________

a. 50

b. 40

c. 20

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

The Principle of indemnity is not applicable to ____________

a. life insurance

b. marine insurance

c. fire insurance.

Concept: Concept of Insurance
Chapter: [0.02] Business Services
[1]1.A.3

For online transaction __________ is required.

a. trading

b. registration

c. business

Concept: Online Transaction
Chapter: [0.03] Emerging Modes of Business
[1]1.A.4

To maintain industrial peace is the responsibility of business organisation towards ___________

a. customers

b. employees

c. society

Concept: Responsibility Towards - Employees
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[1]1.A.5

F.W. Taylor is called the father of _____________ management.

a. modern

b. scientific

c. technical.

Concept: Principles of Taylor’s Scientific Management
Chapter: [0.06] Principles of Management
[5]1.B | Match the correct pairs

Match the correct pairs

Group 'A'

Group 'B'

a. Common seal 

1. Related with human factors

b. Bonded Warehouses 

2. Located at railway station

c. B to C

3. Business to Business

d. Mumbai Grahak Panchayat 

4. Joint Stock Company

e. Staffing 

5. Political organisation

 

6. Business to consumer

 

7. Located within the ports

 

8. Partnership firm

 

9. Related with financial factor

 

10. Non – Government Organisation working for consumers.

Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
Chapter: [0.05] Consumer Protection
[5]1.C | Write a word or a phrase or a term which can substitute each one of the following statements
[1]1.C.1

 ‘One man show’ type of business organization.

Concept: Concept of Sole Proprietorship Or Sole Trader
Chapter: [0.01] Forms of Business Organizations
[1]1.C.2

Answer in a word / phrase / term.

A set of Principles of right conduct.

Concept: Concept of Business Ethics
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[1]1.C.3

A consumer dispute redressal agency that handles claims up to rupees twenty lakhs (Rs. 20,00,000)

Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
Chapter: [0.05] Consumer Protection
[1]1.C.4

The principle of management which says ‘unity is strength’.

Concept: Concept of Principles of Management
Chapter: [0.06] Principles of Management
[1]1.C.5

A process where managers instruct, guide, and communicate with employees.

Concept: Management Functions
Chapter: [0.07] Functions of Management
[15]2 | Distinguish between the following (Any Three)
[5]2.A

Distinguish between Private Company  and Public Company.

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

Distinguish between  Water Transport and Air Transport

Concept: Role of Transport
Chapter: [0.02] Business Services
[5]2.C

Distinguish between District Forum and National Commission

Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
Chapter: [0.05] Consumer Protection
[5]2.D

Distinguish between the following:

Distinguish between Organising and Staffing

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

Distinguish between Proprietorship and Joint Hindu Family Firm

Concept: Concept of Sole Proprietorship Or Sole Trader
Chapter: [0.01] Forms of Business Organizations
[15]3 | Write short notes on Any Three of the following:
[5]3.A

Write short note on Disadvantage of e – business.

Concept: Concept of E-business
Chapter: [0.03] Emerging Modes of Business
[5]3.B

Write short note on Social Responsibility of business organisations towards Consumers

Concept: Responsibility Towards - Consumers
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[5]3.C

Write short note on the following.
Techniques of scientific management

Concept: Techniques of Taylor’s Scientific Management
Chapter: [0.06] Principles of Management
[5]3.D

Write short note on Importance of coordination.

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

Functions Of Entrepreneur ?

Concept: Function of Entrepreneurship Development
Chapter: [0.08] Entrepreneurship Development
[15]4 | State with reasons whether the following statements are True or False.(Any Three)
[5]4.A

Planning has vital importance in the management process.

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

State Whether the Following Statement Are True Or False (Give Reason)

Business ethics is not applicable to all business organizations.

True

False

Concept: Concept of Business Ethics
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[5]4.C

A Joint Stock Company can raise huge capital.

Concept: Concept of Partnership
Chapter: [0.01] Forms of Business Organizations
[5]4.D

State Whether the Following Statement Are True Or False (Give Reason)

The principle of indemnity is applicable to life insurance.

True

False

Concept: Concept of Insurance
Chapter: [0.02] Business Services
[5]4.E

Consumer Protection Act is a blessing for the consumers.

Concept: Consumer Protection Act 1986
Chapter: [0.05] Consumer Protection
[10]5 | Attempt the following. (Any two)
[5]5.A

State the Types of co-operative society

Concept: Concept of Cooperative Societies
Chapter: [0.01] Forms of Business Organizations
[5]5.B

State the Steps involved in On-line transactions

Concept: Online Transaction
Chapter: [0.03] Emerging Modes of Business
[5]5.C

 State the ways and means of consumer protection.

Concept: Concept of Consumer Protection
Chapter: [0.05] Consumer Protection
[5]5.D

write a short note on the Significance of Principles of Management.

Concept: Significance of Principles of Management
Chapter: [0.06] Principles of Management
[10]6 | attempt any of the following
[10]6.A

Define a sole trading concern. 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 Bank. Explain different types of banks.

Concept: Banking - Types of Bank
Chapter: [0.02] Business Services

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