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HSC Commerce (English Medium) 12th Standard Board Exam - 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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E-commerce is a branch of ___________.

[5] Emerging Modes of Business
Chapter: [5] Emerging Modes of Business
Concept: undefined >> undefined

The term market is derived from the ___________ word ‘Mercatus’.

[8] Marketing
Chapter: [8] Marketing
Concept: undefined >> undefined

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Select the correct option.

(Innovation, niche tourism, agro-tourism, entrepreneurship, Start-up India)

Group A Group B
A. The idea of bringing urban residents to agricultural farm  _____________________
B. Agro tourism is form of _____________________
C. __________________ To introduce new combination of products and features
D. A full-time job which requires dedication and hard work. _____________________
E. ______________ Entity having headquarter in India
[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Select the correct option.

(Innovation, niche tourism, agro-tourism, entrepreneurship, Startup India)

Group A Group B
A. the idea of bringing urban residents to agricultural farm  _____________________
B. Agro tourism is form of _____________________
C. __________________ To introduce new combination of products and features
D. A full-time job which requires dedication and hard work. _____________________
E. ______________ Entity having headquarter in India
[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Select the correct option.

(place concept of market, E Jerome McCarthy, market research, label, 3P’s)

Group A  Group B
A. 4Ps _______________
B. _______________ A function of marketing
C. Booms and Bitner _______________
D. _______________ buyers, sellers and intermediaries come together
E. _____________ slip is found on the product
[8] Marketing
Chapter: [8] Marketing
Concept: undefined >> undefined

Select the correct option.

(responsibilities towards shareholders, responsibilities towards consumers, responsibilities towards government, responsibilities towards society, responsibilities towards owners)

Group A  Group B
A. After Sales Service _______________
B. ______________ timely payment of taxes
C. protest anti-social activities _______________
D. fair practices on stock exchange _______________
E. _____________ Reasonable profit
[6] Social Responsibilities of Business
Chapter: [6] Social Responsibilities of Business
Concept: undefined >> undefined

What are business services?

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

What is principle management?

[1] Principles of Management
Chapter: [1] Principles of Management
Concept: undefined >> undefined

Answer in one sentence.

Who is a consumer?

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Arrange in proper order.

Controlling, Planning, Organising

[2] Functions of Management
Chapter: [2] Functions of Management
Concept: undefined >> undefined

Arrange in proper order.

Coordinating, Staffing, Directing.

[1] Principles of Management
Chapter: [1] Principles of Management
Concept: undefined >> undefined

Explain the following term/concept.

Organising

[2] Functions of Management
Chapter: [2] Functions of Management
Concept: undefined >> undefined

Study the following case/situation and express your opinion

Navnath and Jagannath are partners of a firm dealing with civil construction activity. They have set objective of completing 3 projects within next four years. Navnath is responsible for arranging funds, construction machinery and required raw material while Jagannath hired architects, draftsman, surveyors, contractors and labors. 

  1. Name the management function Navnath was involved in.
  2. Who did staffing for the firm? 
  3. Which management function Navnath and Jagannath did jointly?
[2] Functions of Management
Chapter: [2] Functions of Management
Concept: undefined >> undefined

Distinguish Between.

Planning and Directing

[2] Functions of Management
Chapter: [2] Functions of Management
Concept: undefined >> undefined

Answer in Brief.

State features of services.

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

Answer the following.

What is planning? Explain its importance.

[2] Functions of Management
Chapter: [2] Functions of Management
Concept: undefined >> undefined

Who is a consumer?

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

It is easy to set up e-business as compared to traditional business.

[5] Emerging Modes of Business
Chapter: [5] Emerging Modes of Business
Concept: undefined >> undefined

Arrange in proper order.

Accident, taking the policy, claim.

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

Give one word or phrase for the following sentence:

Who propounded the concept of trusteeship?

[6] Social Responsibilities of Business
Chapter: [6] Social Responsibilities of Business
Concept: undefined >> undefined
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