HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

______ market is for commodities that are produced in one country and sold in another country.

State the importance of consumer protection.

Explain the following term/concept in detail.

Oligopoly

Explain the following term/concept in detail.

Monopsony

Justify the following statement.

The market can be classified on the basis of time.

Justify the following statement.

The market can be classified on the basis of volume.

Monopoly refers to a market situation when there is a single buyer of a commodity or service.

Explain the following term/concept in detail.

Imperfect Market

Unregulated market operates according to forces of demand and supply.

Management principles are applied differently under different situations.

Market can be classified on the basis of importance and area covered.

Explain the following term/concept in detail:

Monopoly

Explain the following term/concept in detail:

Duopoly

Explain the main objectives of Entrepreneurship Development Programmes (EDP).

EDP was first introduced in ______ in 1970.

Businessmen are ______ of the society.

Answer in a word / phrase / term.

A set of Principles of right conduct.

Distinguish between the following:

Organising and Staffing

State Whether the Following Statement Are True Or False (Give Reason)

Business ethics is not applicable to all business organizations.

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