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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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Explain the following term/concept.
Privatization.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

Distinguish between the following.

Social Environment and Economic Environment.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

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Distinguish between the following.

Liberalization and Privatisation.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

Distinguish between the following.

Globalization and Liberalization.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

Distinguish between the following.

Privatization and Globalization.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

State any four features of the Social environment.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

Answer in brief.

State any four features of globalization.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

Answer in brief.

State any four reasons of the need for privatisation.

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

Justify the following statement:

The economic environment has a direct influence on business.

[7] Business Environment
Chapter: [7] Business Environment
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Answer the following.

Explain the new economic policy in details.

[7] Business Environment
Chapter: [7] Business Environment
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State True or False.

Letter of Credit is required for obtaining export license.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

State True or False.
Maintaining high quality is necessary to sustain in export business.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence:

Export trade refers to the purchase of good and services from foreign country

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Study the following case/situation and express your opinion.

Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh is buying raw material from South Africa and after processing it sells finished goods to Malaysia.

Who is exporter?

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Distinguish between the following:

Import trade and export trade.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

Answer in brief.
Explain post-shipment stage of export procedure.

[2] Trade
Chapter: [2] Trade
Concept: undefined >> undefined

State whether the following statement is True or False.
There is no benefit of globalization on Indian economy.

[7] Business Environment
Chapter: [7] Business Environment
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Compete the sentence.
Integration of economy and society through cross country is called as ___________.

[7] Business Environment
Chapter: [7] Business Environment
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Answer in one sentence:
Who possess the factors of production in socialist economy?

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined

Answer in one sentence:
In which environment are the methods and techniques of production included?

[7] Business Environment
Chapter: [7] Business Environment
Concept: undefined >> undefined
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