HSC Commerce (Marketing and Salesmanship) 12th Board ExamMaharashtra State Board
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Question Paper Solutions for Organisation of Commerce and Management Set 1 2017-2018 HSC Commerce (Marketing and Salesmanship) 12th Board Exam

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Marks: 80
[15]1
[5]1.A | Select the proper option from the possible options given below and rewrite the complete statements:
[1]1.A.1

The Co-operative societies act was passed in the year ____________

(a) 1932
(b) 1912

(c) 1956

Chapter: [1] Forms of Business Organizations
Concept: Concept of Cooperative Societies
[1]1.A.2
Postal Services are administered by ___________
(a) Private companies
(b) Government of India

(c) Panchayat

Chapter: [2] Business Services
Concept: Concept of Postal Service
[1]1.A.3

Credit or Debit cards are popularly known as ____________ money.

(a) paper
(b) plastic
(c) polymer
Chapter: [2] Business Services
Concept: Types of Business Services
[1]1.A.4

Select the proper option from the options given below and rewrite the sentences:

Ultimate goal of business must be the sa tisfaction of ..... ... .. .......... ... .

(a) shareholders

(b) consumers

c) owners

Chapter: [5] Consumer Protection
Concept: Concept of Consumer Protection
[1]1.A.5

Henry Fayol in called as the father of __________ management. 

(a) modern
(b) scientific

(c) technical

Chapter: [6] Principles of Management
Concept: Tayol’S Principles of Management
[5]1.B
Group A
Group B
(a) Registration of a company
(1) 24th December
(b) E-business
(2) One man one boss
(c) World consumers’ Right Day
(3) Giving direction
(d) Principle of unity of command
(4) One man many bosses
(e) Controlling
(5) Outsourcing.
 
(6) 15th March
 
(7) Optional
 
(8) Electronic business
 
(9) Taking corrective action
 
(10) Compulsory
Chapter: [1] Forms of Business Organizations
Concept: Concept of Company
[5]1.C | Write only ‘one’ word or phrase or term which can substitute the following statements
[1]1.C.1

A partner who gives his name to a partnership firm.

Chapter: [1] Forms of Business Organizations
Concept: Concept of Partnership
[1]1.C.2
The bank account suitable for salaried people.
Chapter: [2] Business Services
Concept: Banking Services with Particular Reference - E-banking
[1]1.C.3

A set of Principles of right conduct.

Chapter: [4] Social Responsibilities of Business and Business Ethics.
Concept: Concept of Business Ethics
[1]1.C.4

A consumer dispute redressal agency working at a national level.

Chapter: [5] Consumer Protection
Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
[1]1.C.5

A management function directly related to human resources.

Chapter: [7] Functions of Management
Concept: Management Functions
[15]2 | Distinguish between the following (Any Three)
[5]2.A

Sole Trading Concern Partnership firm

Chapter: [1] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader
[5]2.B

Road Transport V/s Rail Transport

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

State Commission National Commission

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

Planning and Staffing. Distinguish between HSC OCM.

Chapter: [7] Functions of Management
Concept: Management Functions
[5]2.E

Co - operative Society Joint Hindu Family Firm

Chapter: [1] Forms of Business Organizations
Concept: Hindu Undivided Family Business or Joint Hindu Family Business
[15]3 | Write short notes on the following (Any Three)
[5]3.A

Merits and Demerits of Joint Hindu Family?

Chapter: [1] Forms of Business Organizations
Concept: Hindu Undivided Family Business or Joint Hindu Family Business
[5]3.B

Write short answers of the following:

State the advantages of outsourcing.

Chapter: [3] Emerging Modes of Business
Concept: Concept of Outsourcing
[5]3.C

State the social responsibilities of business organization towards government. 

Chapter: [4] Social Responsibilities of Business and Business Ethics.
Concept: Responsibility Towards - Government
[5]3.D

A Consumer Disputes Redressal Forum, to be known as the District Forum.

Chapter: [5] Consumer Protection
Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
[5]3.E

Nature of principles of management.

Chapter: [6] Principles of Management
Concept: Significance of Principles of Management
[15]4 | State the reasons whether the following statements are true or false. (Any three)
[5]4.A

The main purpose of a cooperative organization is to earn profit.

Chapter: [1] Forms of Business Organizations
Concept: Concept of Cooperative Societies
[5]4.B

Principles of utmost good faith is only applicable to life insurance contract.

Chapter: [2] Business Services
Concept: Concept of Insurance
[5]4.C

The consumer protection act was passed in the interest of the consumers.

Chapter: [5] Consumer Protection
Concept: Concept of Consumer Protection
[5]4.D

According to F. W. Taylor, there should be scientific selection and training of employees.

Chapter: [6] Principles of Management
Concept: Principles of Taylor’s Scientific Management
[5]4.E

Division of work is not required in organising a function.

Chapter: [1] Forms of Business Organizations
Concept: Choice of Form of Business Organization
[10]5 | Write answers of the following. (Any Two)
[5]5.A

State the nature of directing as a function.

Chapter: [7] Functions of Management
Concept: Management Functions
[5]5.B

State the steps involved in online transactions.

Chapter: [3] Emerging Modes of Business
Concept: Online Transaction
[5]5.C

Need (Cases) for Social Responsibility?

Chapter: [4] Social Responsibilities of Business and Business Ethics.
Concept: Case of Social Responsibility
[5]5.D

Explain the characteristics of an entrepreneur. –

Chapter: [8] Entrepreneurship Development
Concept: Entrepreneurship
[10]6 | Attempt Any One Of The Following
[10]6.A

Features of Joint Stock Company?

Chapter: [1] Forms of Business Organizations
Concept: Concept of Partnership
[10]6.B

Define Bank. Explain different types of banks.

Chapter: [2] Business Services
Concept: Banking - Types of Bank

Maharashtra State Board previous year question papers 12th Board Exam Organisation of Commerce and Management with solutions 2017 - 2018

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