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HSC Commerce: Marketing and Salesmanship 11th Standard - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

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Organisation of Commerce and Management
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Justify the following statement.

There is separation of ownership and management in Joint Stock Company.

[4] Forms of Business Organisation - 1
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Attempt the following:

Explain the features of the Joint Stock Company.

[4] Forms of Business Organisation - 1
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Attempt the following:

Explain the five features of Joint Stock Company.

[4] Forms of Business Organisation - 1
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Attempt the following:

Explain the merits of Joint Stock Company.

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Attempt the following:

Explain the demerits of Joint Stock Company.

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Select the correct option and rewrite the sentence.
_______ means linking national economy to the world economy.

[7] Business Environment
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Select the correct option and rewrite the sentence.
Environment awareness provides _________ signal.

[7] Business Environment
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State whether the following statement is True or False.
There is no benefit of privatization to Indian economy. 

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State whether the following statement is True or False.
There is no need of consideration of the business environment factors in business. 

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State whether the following statement is True or False.
New economic policy promoted the liberal economic policy. 

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Compete the sentence.
Indian political system comprises ___________ vital institutions. 

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Compete the sentence.
Limited involvement of government in public sector refer to _________.

[7] Business Environment
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Select the correct Option 
Who frames the economic policy of the business?

[7] Business Environment
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Which economic system is known as the free market economy?

[7] Business Environment
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Correct the underlined word and rewrite the following sentence.
Privatization helps for global village.

[7] Business Environment
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Answer in one sentence:
What are the powers of legislature? 

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Answer in one sentence:
Which factor influence the economic condition of the Nation?

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Answer in one sentence:
When did Indian government launch New Economic Policy?

[7] Business Environment
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Answer in one sentence:
How is the boundary less world possible?

[7] Business Environment
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Explain the following term/concept.

Liberalization.

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