HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions

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

Write short answers of the following:

State the advantages of outsourcing.

The process of contracting a business function to someone else is called as _______.

Business ethics is a branch of .................... science.

Distinguish between the following:

Current account & Savings account

Business is a ________ activity.

Feature/Nature/Characteristics of Business Ethics?

Give one Word/Phrase/Term for the following statement.

The right person at the job with the right pay.