HSC Commerce (Marketing and Salesmanship) 12th Board ExamMaharashtra State Board
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Question Paper Solutions - Organisation of Commerce and Management 2015 - 2016 HSC Commerce (Marketing and Salesmanship) 12th Board Exam


Marks: 80
[15]1
[5]1.1 |  Select the proper option from the possible options given below and rewrite the completed statements
[1]1.1.1
The maximum number of partners for a firm carrying on banking business is ___________ 
(a) 10
(b) 20
(c) 7
Chapter: [1] Forms of Business Organizations
Concept: Concept of Partnership
[1]1.1.2
Door - to - door service is offered by _____________ transport.
(a) Rail
(b) Road
(c) Air
Chapter: [2] Business Services
Concept: Role of Transport
[1]1.1.3
Business organization is a part of ____________  
(a) Industry
(b) Government
(c) Society

 

Chapter: [1] Forms of Business Organizations
Concept: Choice of Form of Business Organization
[1]1.1.4
In modern competitive market consumer is regarded as ____________ 
(a) king
(b) agency
(c) superintendent

 

Chapter: [5] Consumer Protection
Concept: Concept of Consumer Protection
[1]1.1.5
Planning is ___________ function. 
(a) advanced
(b) basic
(c) end

 

Chapter: [7] Functions of Management
Concept: Management Functions
[5]1.2

Match the correct pairs:

                        Group ‘A’                           Group ‘B’
 (a) Co - operative Society  (1) The father of Modern Management
 (b) ‘e’ Business  (2) President of national commission
 (c) District Judge  (3) Not directly related to human beings.
 (d) F.W. Taylor  (4) Outsourcing
 (e) Staffing  (5) One share one vote
       (6) President of District forum
 (7) Father of Scientific Management
 (8)Electronic Business
(9) Right people to right jobs.
 (10) One member one vote.
Chapter: [1] Forms of Business Organizations
Concept: Concept of Cooperative Societies
[5]1.3 |  Write a word or phrase or term which can substitute the following statements:
[1]1.3.1

‘One man show’ type of business organization.

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

A bank which is known as bankers bank.

Chapter: [2] Business Services
Concept: Banking - Types of Bank
[1]1.3.3

Name the modern process of controlling a business function to someone else

Chapter: [3] Emerging Modes of Business
Concept: Concept of Outsourcing
[1]1.3.4

Name the employees organization protecting their rights

Chapter: [5] Consumer Protection
Concept: Role of Consumer Organizations and Non-governmental Organizations (NGOs)
[1]1.3.5

Principle of management that says that any work should be divided into small parts

Chapter: [6] Principles of Management
Concept: Principles of Taylor’s Scientific Management
[15]2 | Distinguish between the following
[5]2.1

Distinguish between Partnership Firm Joint Stock Company

Chapter: [1] Forms of Business Organizations
Concept: Concept of Partnership
[5]2.2

Distinguish between Current Account and Fixed Deposit Account

Chapter: [2] Business Services
Concept: Types of Business Services
[5]2.3

Distinguish between  Water Transport and Air Transport

Chapter: [2] Business Services
Concept: Role of Transport
[5]2.4

District Forum and State Commission.

Chapter: [5] Consumer Protection
Concept: Legal Redressal Machinery Under Consumer Protection Act 1986
[5]2.5

Distinguish between Planning and Controlling

Chapter: [7] Functions of Management
Concept: Management Functions
[15]3 | Write short notes on the following (Any Three)
[5]3.1

Features of Joint Hindu Family Business

Chapter: [1] Forms of Business Organizations
Concept: Hindu Undivided Family Business or Joint Hindu Family Business
[5]3.2

Write short note on e-business

Chapter: [3] Emerging Modes of Business
Concept: Concept of E-business
[5]3.3

write the short note on Significance of Principles of Management

Chapter: [6] Principles of Management
Concept: Significance of Principles of Management
[5]3.4

write short note on Consumer Rights

Chapter: [5] Consumer Protection
Concept: Concept of Consumer Protection
[5]3.5

Write short note on Henri Fayol's Principles of Management

Chapter: [6] Principles of Management
Concept: Fayol’s Principles of Management
[15]4 |  State with reasons whether the following statements are True or False (Any Three)
[5]4.1

State true or false The ownership and management is not separated in a Joint Stock Company.

Chapter: [1] Forms of Business Organizations
Concept: Concept of Company
[5]4.2

Reserve Bank of India cannot accept deposits from public.

Chapter: [2] Business Services
Concept: Banking - Types of Bank
[5]4.3

Post offices provide money remittance services.

Chapter: [2] Business Services
Concept: Concept of Postal Service
[5]4.4

Management should avoid workers’ participation while making decisions.

Chapter: [7] Functions of Management
Concept: Management Functions
[5]4.5

The Consumer Protection Act was passed in the interests of the sellers.

Chapter: [5] Consumer Protection
Concept: Consumer Protection Act 1986
[10]5 | Attempt the following questions (Any Two)
[5]5.1

Features of sole trading concern.

Chapter: [1] Forms of Business Organizations
Concept: Concept of Sole Proprietorship Or Sole Trader
[5]5.2

State the social responsibilities of business organization towards government. 

Chapter: [4] Social Responsibilities of Business and Business Ethics.
Concept: Responsibility Towards - Government
[5]5.3

State the working of a Payment Gateway.

Chapter: [3] Emerging Modes of Business
Concept: Concept of E-business
[5]5.4

Write short note on Functions of entrepreneur

Chapter: [8] Entrepreneurship Development
Concept: Function of Entrepreneurship Development
[10]6 | Attempt any one of the following questions
[10]6.1

Define Co-operative Society ?

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

Merits and Demerits of Co-operative Society?

Chapter: [1] Forms of Business Organizations
Concept: Concept of Cooperative Societies
[10]6.2

Define ‘ Controlling’. 

Chapter: [7] Functions of Management
Concept: Management Functions

Explain controlling importance.

Chapter: [7] Functions of Management
Concept: Management Functions
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