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Question Paper Solutions - Organisation of Commerce and Management 2013 - 2014-H.S.C-12th Board Exam Maharashtra State Board (MSBSHSE)


Marks: 80
[15]1
[5]1.1 | Select the proper option from the options given below and rewrite the sentences
[1]1.1.1

The maximum number of member is a private company are ___________

a. 50

b. 40

c. 20

Chapter: [1.02] Forms of Business Organizations
Concept: Concept of Company
[1]1.1.2

The Principle of indemnity is not applicable to ____________

a. life insurance

b. marine insurance

c. fire insurance.

Chapter: [2] Business Services
Concept: Concept of Insurance
[1]1.1.3

For online transaction __________ is required.

a. trading

b. registration

c. business

Chapter: [4] Emerging Modes of Business
Concept: Online Transaction
[1]1.1.4

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

a. customers

b. employees

c. society

Chapter: [1.06] Social Responsibility of Business and Business Ethics
Concept: Responsibility Towards - Employees
[1]1.1.5

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

a. modern

b. scientific

c. technical.

Chapter: [1.02] Principles of Management
Concept: Principles of Taylor’s Scientific Management
[5]1.2 | 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.

Chapter: [5] Consumer Protection
Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
[5]1.3 |  Write a word or a phrase or a term which can substitute each one of the following statements:
[1]1.3.1

1. ‘One man shoe’ type of business organization.

Chapter: [1] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader
[1]1.3.2

A set of Principles of right conduct.

Chapter: [1.06] Social Responsibility of Business and Business Ethics
Concept: Concept of Business Ethics
[1]1.3.3

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

Chapter: [5] Consumer Protection
Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
[1]1.3.4

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

Chapter: [3.04] Principles of Management
Concept: Concept of Principles of Management
[1]1.3.5

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

Chapter: [3.05] Functions of Management
Concept: Management Functions
[15]2 | Distinguish between the following (Any Three)
[5]2.1

Distinguish between Private Company  and Public Company.

Chapter: [1.02] Forms of Business Organizations
Concept: Concept of Company
[5]2.2

Distinguish between  Water Transport and Air Transport

Chapter: [2] Business Services
Concept: Role of Transport
[5]2.3

Distinguish between District Forum National Commission

Chapter: [5] Consumer Protection
Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
[5]2.4

Distinguish between Organising and Staffing

Chapter: [3.05] Functions of Management
Concept: Management Functions
[5]2.5

Distinguish between Proprietorship Joint Hindu Family Firm

Chapter: [1] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader
[15]3 | Write short notes on Any Three of the following
[5]3.1

Write short note on Disadvantage of e – business.

Chapter: [1.05] Emerfing Modes of Business
Concept: Concept of E-business
[5]3.2

Write short note on Social Responsibility of business organisations towards Consumers

Chapter: [3] Social Responsibility of Business and Business Ethics
Concept: Responsibility Towards - Consumers
[5]3.3

Write short note on The techniques of Scientific Management

Chapter: [1.02] Principles of Management
Concept: Techniques of Taylor’s Scientific Management
[5]3.4

Write short note on Importance of coordination.

Chapter: [3.05] Functions of Management
Concept: Management Functions
[5]3.5

Write short note on Functions of entrepreneur

Chapter: [8] Entrepreneurship Development
Concept: Function of Entrepreneurship Development
[15]4 | State with reasons whether the following statements are True or False. (Any Three)
[5]4.1

Planning has vital importance in the management process.

Chapter: [3.05] Functions of Management
Concept: Management Functions
[5]4.2

Business ethics is not applicable to all business organisations.

Chapter: [1.06] Social Responsibility of Business and Business Ethics
Concept: Concept of Business Ethics
[5]4.3

A Joint Stock Company can raise huge capital.

Chapter: [1.02] Forms of Business Organizations
Concept: Concept of Partnership
[5]4.4

The principle of indemnity is applicable to life insurance.

Chapter: [2] Business Services
Concept: Concept of Insurance
[5]4.5

Consumer Protection Act is a blessing for the consumers.

Chapter: [2.04] Consumer Protection
Concept: Consumer Protection Act 1986
[10]5 | Attempt the following. (Any two)
[5]5.1

State the Types of co-operative society

Chapter: [1] Forms of Business Organizations
Concept: Concept of Cooperative Societies
[5]5.2

State the Steps involved in On-line transactions

Chapter: [4] Emerging Modes of Business
Concept: Online Transaction
[5]5.3

 State the ways and means of consumer protection.

Chapter: [4.03] Consumer Protection
Concept: Concept of Consumer Protection
[5]5.4

State the importance of principles of management.

Chapter: [6] Principles of Management
Concept: Significance of Principles of Management
[10]6 | Attempt any one of the following
[10]6.1

Define Sole Trading Concern ?

Chapter: [1] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader

Explain Merits and Demerits of Sole Trading Concern

Chapter: [2] Forms of Business Organisations
Concept: Merits of Sole Proprietorship Or Sole Trader
[10]6.2

Define Bank.

Chapter: [2] Business Services
Concept: Types of Business Services

Any ‘five types’ of banks.

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