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HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions

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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

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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

Define consumer.

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

Medium-term Loans are taken for a period of ______ to meet the working capital requirements.

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

The task of getting things done by others is known as management.

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

Legal responsibility is broader than the social responsibility of business.

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

Study the following case/situation and express your opinion.

Ram purchases a watch from Titan shop and his friend sham purchases a watch from an online shopping site.
  1. Which shopping is from a traditional business?
  2. Which shopping is from e-business?
  3. Which business involved high risk?
[5] Emerging Modes of Business
Chapter: [5] Emerging Modes of Business
Concept: undefined >> undefined

The term e-business came into existence in the year 1998.

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

Explain the following term/concept in detail.

Entrepreneur

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Justify the following statement.

Principles of management can be applied universally.

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

Justify the following statement.

Social responsibility is necessary for the protection of the environment.

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

Match the correct pairs:

  Group ‘A’   Group ‘B’
(a) Henry Fayol (1) It is the process of instructing, guiding, communicating and motivating
(b) Directing (2) Scientific Management theory
(c) Responsibility towards Government (3) It is the process of recruiting, selecting, placing and remunerating
(d) Digital cash (4) To earn profit
(e) Monopoly (5) Respecting rules and regulations
    (6) Exist only in cyber space
    (7) Exist everywhere
    (8) Single buyer
    (9) Modern management theory
    (10) Single seller
[1] Principles of Management
Chapter: [1] Principles of Management
Concept: undefined >> undefined
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