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Organisation of Commerce and Management 2017-2018 HSC Commerce (Marketing and Salesmanship) 12th Board Exam Question Paper Solution

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Organisation of Commerce and Management
2017-2018 March
Marks: 80

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

The maximum number of partners for a firm carrying on banking business is .............. .

ten

twenty

seven

Chapter: [2] Business Services
Concept: Types of Business Services
[1]1.A.2

Bonded warehouses are locted at ................. .

railway stations

villages

ports

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

To maintain safety of investment is the responsibility of business towards ........... .

community

investors

employees

Chapter: [4] Social Responsibilities of Business and Business Ethics.
Concept: Responsibility Towards - Investors
[1]1.A.4

The president of State Commission is ................. .

District Court Judge

Supreme Court Judge

High Court Judge

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

Management principles influence .................. .

human behaviour

organization

 

government

Chapter: [6] Principles of Management
Concept: Concept of Principles of Management
[5]1.B

Match the correct pairs :

Group ‘A’ Group ‘B’
(a) Indian Companies Act
(b) Air transport
(c) HTTP
(d) Trade Union
(e) Directing
(1) Cheapest mode of transport
(2) Directly related to Human beings
(3) Negotiations with management
(4) 1956
(5) Hyper Transfer Text Protocol
(6) 1932
(7) Not directly related to human beings
(8) Costliest mode of transport
(9) Encryption
(10) To maintain solvency and prestige
Chapter: [2] Business Services
Concept: Meaning of Business Services
[5]1.C | Write only ‘one’ word or phrase or term which can substitute the following statements :
[1]1.C.1

Write only ‘one’ word or phrase or term which can substitute the following statement :

A partner who gives only his name to the partnership firm.

Chapter: [1] Forms of Business Organizations
Concept: Types of Partners
[1]1.C.2

Write only ‘one’ word or phrase or term which can substitute the following statement :

The form of electronic currency that exists only in cyberspace.

Chapter: [3] Emerging Modes of Business
Concept: Resources Required for Successful E-business Implementation
[1]1.C.3

Write only ‘one’ word or phrase or term which can substitute the following statement :

A consumer dispute redressal agency the handles claims of more than ` 1 (one) crore.

Chapter: [5] Consumer Protection
Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
[1]1.C.4

Write only ‘one’ word or phrase or term which can substitute the following statement :

Father of modern management.

Chapter: [6] Principles of Management
Concept: Tayol’S Principles of Management
[1]1.C.5

Write only ‘one’ word or phrase or term which can substitute the following statement:

An end function where the performance is evaluated in accordance with the plan.

Chapter: [7] Functions of Management
Concept: Management Functions
[15]2 | Attempt any three of the following
[5]2.A

Distinguish between the following:
Joint Hindu Family firm and joint stock company

Chapter: [1] Forms of Business Organizations
Concept: Hindu Undivided Family Business or Joint Hindu Family Business
[5]2.B

Distinguish between the following:

District Forum and State Commission.

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

Distinguish between the following:

Fire Insurance and Marine Insurance

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

Distinguish between the following:

Cooperative society and Partnership firm

Chapter: [1] Forms of Business Organizations
Concept: Concept of Cooperative Societies
[5]2.E

Distinguish between the following:

Distinguish between Organising and Staffing

Chapter: [7] Functions of Management
Concept: Management Functions
[15]3 | Attempt any three of the following
[5]3.A

Write short notes on the following:

Features of a co-operative societies

Chapter: [1] Forms of Business Organizations
Concept: Concept of Cooperative Societies
[5]3.B

Write short note on the following:

Advantages of e-business.

Chapter: [3] Emerging Modes of Business
Concept: Concept of E-business
[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

Write short notes on the following:

Importance of consumer protection

Chapter: [5] Consumer Protection
Concept: Consumer Awareness
[5]3.E

Write short notes on the following:

Importance of co-ordinating.

Chapter: [7] Functions of Management
Concept: Management Functions
[15]4 | Attempt any three of the following
[5]4.A

Statement with reasons whether the following statement is True or False

In a partnership firm, the liability of partners is unlimited.

Chapter: [1] Forms of Business Organizations
Concept: Registration of a Partnership Firm
[5]4.B

Statement with reasons whether the following statement is True or False:

Consumer Protection Act is not a blessing for the consumers.

Chapter: [5] Consumer Protection
Concept: Consumer Protection Act 1986
[5]4.C

Statement with reasons whether the following statement is True or False

Lok Adalat can rightly be described as "people's court".

Chapter: [7] Functions of Management
Concept: Management Functions
[5]4.D

Statement with reasons whether the following statement is True or False:

According to 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

Statement with reasons whether the following statements are True or False:
Planning has no vital importance in the process of management.

Chapter: [7] Functions of Management
Concept: Management Functions
[10]5 | Attempt any two of the following
[5]5.A

Write short answer of the following.
State the various types of warehouses.

Chapter: [2] Business Services
Concept: Concept of Warehousing
[5]5.B

Write short answers of the following:

State the advantages of outsourcing.

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

write the short note on Significance of Principles of Management

Chapter: [6] Principles of Management
Concept: Significance of Principles of Management
[5]5.D

Write short answers of the following:

Explain characteristics of entrepreneurship.

Chapter: [8] Entrepreneurship Development
Concept: Entrepreneurship
[10]6 | Attempt one of the following
[10]6.A

Define 'Joint Hindu family'.

Chapter: [1] Forms of Business Organizations
Concept: Hindu Undivided Family Business or Joint Hindu Family Business

Explain the features of a joint Hindu family firm.

Chapter: [1] Forms of Business Organizations
Concept: Hindu Undivided Family Business or Joint Hindu Family Business
[10]6.B

Define 'bank'.

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

Explain different types of banks.

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

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

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