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HSC Commerce: Marketing and Salesmanship 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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Distinguish Between:

Planning and organizing

[2] Functions of Management
Chapter: [2] Functions of Management
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Justify the following statement.

Planning is the first function of Management

[2] Functions of Management
Chapter: [2] Functions of Management
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The functions of manager start with ___________.

[2] Functions of Management
Chapter: [2] Functions of Management
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_____________ is the fundamental function of management.

[2] Functions of Management
Chapter: [2] Functions of Management
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Planning is a detailed programme of ____________ course of action.

[2] Functions of Management
Chapter: [2] Functions of Management
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'Entreprendre' means to ______.

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Match the pair:

Group 'A' Group 'B'
A. Gap filling function 1.2016
B. Entrepreneur 2. Employment
C. Agro tourism 3. Old methods of production
D. Technology 4. 2019
E. Startup India 5. Self-motivated
 

6. Rural tourism

  7. Entrepreneurship
  8. Latest knowledge
  9. Necessity Based
  10. Medical tourism
[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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A successful businessman takes a calculated risk.

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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An entrepreneur is a person who starts a ______.

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Select the correct option.

(Innovation, Niche Tourism, Agro tourism, Entrepreneurship)

Group A Group B
l) The idea of bringing Urban resident to agricultural farm _________________
2) Agro-tourism is a form of _________________
3) __________________ To introduce new combination of products & features
4) ___________________ A full time job which requires, dedication & Hard-work.
[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Answer in one sentence.

Who is 'Entrepreneur'?

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Answer in one sentence.

Who described ‘Entrepreneurship’ as the founding of a private enterprise?

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Correct the underlined word & rewrite the sentence.

The word 'Entrepreneur' comes from the German verb entreprendre, it means 'to undertake'.

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Correct the underlined word & rewrite the sentence.

Entrepreneurs try to make home a better place where the needs of consumers can be satisfied.

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Explain the following term/concept:-

Entrepreneur

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Study the following case/situation and express your opinion.

Mr. Soham is a young MBA degree holder. Mr. Navin is a B.Com graduate. Mr. Soham is willing to start dairy farm at his village. Mr. Navin is willing to work as a cashier in Private Company.
  1. Find out the dream of Soham and Navin.
  2. State anyone feature of entrepreneur.
  3. To become a successful entrepreneur, which qualities Mr. Soham should have?
[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Define an entrepreneur. 

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Justify the following statement.

Entrepreneurship is the best source for self-employment.

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Justify the following statement.

Entrepreneur must be a good communicator. 

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
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Correct the underlined word and rewrite the following sentence.

Services are tangible in nature.

[4] Business Services
Chapter: [4] Business Services
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